We are all asking this question, we hear the word but don’t understand the meaning. The word is almost globally well received with the exception of Sponsors of the Shanghai Agreement, so what might be a fair...
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...
My final article in my wee trilogy on data interpretation I examine who benefits from the manipulation of state data. It is usually sound policy when investigating the often bizarre antics of the state to follow the...
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...
There has been more wailing and gnashing of teeth this week because Google has not paid its ‘fair share’ of tax. We heard much the same about Starbucks & Amazon, it’s a story that comes around every few months...
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...
Offshore, What’s it All About?
There is much in the news at the moment about offshore companies, tax avoidance and tax evasion. There is no merit in exploring tax evasion which is a crime, and needs to be dealt with...
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...
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...
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...
