We hear of the proposed £60 billion pay off to the EU.  It grows everyday.  The extraordinary aspect of this whole sorry affair is the complete lack of professionalism in these negotiations. Possibly no surprise as the participants are all...
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The Fiscal Gap

I wonder what would happen if our bank manager called us in because he was worried about our spending.  The Chancellor of the Exchequer of course has no bank manager in the way we do.  But he has a...
The UK is agonising over BREXIT, the debate drags on, the negotiations go nowhere, but we are addressing the wrong problem. Look at the numbers, forget the rhetoric. Small & medium size businesses account for 80% of the U.K....
Having had a sneak preview of consulting barrister Benjamin Wrench's paper on the concept of risk reward, a concept that built the City of London into the world's most important centre for financial services it might be amusing to...
The electorate of the industrial democracies broadly seem to accept the role of the State in every aspect of their lives, education, health & pensions being prime examples. This is largely unchallenged by modern press, media and politicians. No...
The relationship between administrative systems and family well-being is long established. IDDE have shown recently working with the Heritage Foundation the marked correlation between strong electoral input and economic freedom, with the not unnatural result GDP per capita is...
Classical liberalism and libertarianism are very difficult concepts to explain to post war generations to whom the government often seems a benevolent if grossly incompetent structure for delivering services to them and their families. Most of these services were...
It has been a source of constant amazement to me after 35 years in the City and ten in politics how few people understand money , I do not mean the scatter brained amongst us who squander it on...
I spent 40 years with City institutions, I am so glad to be out of it, I retired in 2004 . It is impossible to value assets in any realistic way. As a neo Austrian economist I understand well...
As a not infrequent visitor to Hindustan, that market place wandering cow, grazing on cut flowers and fruit on the market stalls is an amusing and rather endearing sight. No great damage is done to the sub continent's economy...

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