Britain’s Keynesian press & public service broadcasters view President Roosevelt’s New Deal as something to ‘put on a pedestal’ (Guardian June 27). Sadly the New Deal has gone into mainstream academic & political economic archives as successful, remarkable as...
The demise of the serious defence correspondents in MSM have left the nation exposed to geo political military mistakes of epic proportions. Jonathan Beale at the BBC  & Lucy Fisher at The Times are splendid Gilbertian figures of pomp...

Downfall

It seems the ‘Western’ Democracies are stumbling into a new dark age, the historical perspective would suggest the Roman Empire has the template for ultimate failure. An inability to protect its borders, the degradation of money & a mutated...
We must be cautious how we welcome Andrew Bailey, Mark Carney was certainly the worst governor in post war history so CoCo the clown would look good initially. He has to date been what a commanding officer might mark...
There has been some disingenuous double speak on the subject of Scottish Independence post election at which they triumphed with a platform for independence from the United Kingdom as strong as the conservative party's overwhelming endorsement of independence from...
For overseas readers rates are what we Brits call property tax. It goes to local government which dwells in the marble halls of our kingdom. If you find yourself in a north of England depressed town & spot a new...

Bank Bail Ins

A number of Going Postal subscribers have asked me to cover the concept of Bank Bail Ins. My intention therefore with this essay is to outline the idea for the intelligent layman rather than the economics undergraduate, for whom I...
As the Brexit debate drags on, there seems to be much confusion about tariffs. Neither politicians nor MSM journalists seem to understand the basic concepts. This is natural as politicians, bureaucrats & journalists made a conscious decision at university...
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...

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