I make no apology for returning to my hobby horse, money. What is it? how does it work? It is not difficult but it seems journalists struggle with it, as do bankers and politicians. It is a commodity that...

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 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...
What is a ‘common currency’? It is frustrating to hear Eurosceptics argue that the common currency is the source of Europe’s woes, there are indeed many causes but the euro is not one of them. I have already written a...
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...
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TTIP’s

For the conviction Free Trader, the international classical liberal TTIP is a very natural progression in a global society especially between two great trading blocks the USA and the EU. It begs the expectation of such supporters of 19th...
In 2017 the United Kingdom will face its first serious constitutional dilemma since the Glorious Revolution of 1688. A bloodless coup removing the Stuarts and once and for all installing the constitutional monarchy and parliamentary democracy we enjoy today....
Youth unemployment in Western Europe and the Anglosphere appears to be becoming chronic. A bit like that summer cold that just won’t go away, yet it is not a global phenomenon. Some of the causes must be assessed. They...
Greece has been adopted as a cause célèbre by euro sceptics who have portrayed the debt situation as an example of EU and ECB bullying, an assault on democracy and the Greek people. This is quite natural, politics is...
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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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