20th Century
South American Journey, Part Seven
More writings by uncle, John Alldridge. This time he is reporting from South America in 1960 for the Birmingham Evening Mail – Jerry F A boom city built on oil So I end as I [more…]
Venezuela
Economics
The Road to Serfdom – by the example of Venezuela – Part II
“Inflationism, however, is not an isolated phenomenon. It is only one piece in the total framework of politico-economic and socio-philosophical ideas of our time. Just as the sound money policy of gold standard advocates went [more…]
Economics
The Road to Serfdom – by the example of Venezuela – Part I
“Venezuela is the current poster child of interventionist failure” When looking at the quality of the media coverage of Venezuela’s crisis and the interpretations of the factors that caused it, the superficiality of most analyses [more…]
Business
The Necessary and Inevitable Recession to Come
Perhaps the most destructive premise of modern, mainstream economics is that a central bank-induced monetary/credit expansion can cause an economy to grow without adverse consequences. Let’s be perfectly clear from the start…this policy has been [more…]
Authoritarianism
Top Socialist Fails – Part One Venezuela
Venezuela has the biggest oil reserves in the world. More oil than the Middle East. They are not a million mile away from the USA that uses huge amounts of oil. They can easily supply [more…]
Arts