Leadershiop Debate 25th July 2022 Contenders: Rishi Sunak Liz Truss Venue: Stoke-on-Trent Monday saw the first televised leadership clash in a disappointing Tory leadership contest that has seen the number of contestants reduced to the [more…]
This was supposed to be a review of Tuesday’s SKY News televised Tory Party leadership debate but the cream of the party didn’t turn up. I wonder why? These TV debates have a chequered history. [more…]
I love my pressure cooker. It is one of these gadgets that I would probably, quite foolishly, consider rescuing from a house fire or flooding incident. They must be treated with respect though, and there [more…]
A paradox is an apparent absurdity or contradiction that, on close investigation, is found to be true. What’s happening in government right now is hardly paradoxical – it certainly appears to be both absurd and [more…]
This proverb spells out the link between waste and impoverishment. Economic Perspectives 112 highlighted the inevitability of massive waste of public money when government expenditure is not susceptible to economic calculation. ”Would I sanction this [more…]
Shortly before the Chancellor’s Spring Statement, BBC2’s “Newsnight” featured Kirsty Wark interviewing two economic experts, one Conservative, one Labour. She asked each of them to describe the measures they would recommend to the Chancellor, Rishi [more…]
I have written on the subject of currency debasement many times, but it is now reaching crunch-time – even for the pound, dollar, yen and euro. Most respected economists persist in defining inflation as a [more…]
After months of outright denials and fiery persistence that inflation is not a problem and never will be, central bankers in the US, the EU and other advanced economies are now being forced to face [more…]
The Conservative government has strayed so far from the principles on which it was elected that it is scarcely recognisable as the party most people voted for. Its colour on the political spectrum has undergone [more…]
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