Greetings, thank you for checking this page out.As per my health, and climate pages, I intend for this post to be constantly updated with top independent material regarding: The World Economic Forum...
Gold has been money for 5000 years. Quite a provenance. The reason is that it does not decay physically or monetarily. As I always point out to undergraduates: a gold sovereign would...
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...
These days, most mainstream news reports are being monopolized by the pandemic, the covid vaccine and all the new rules and lockdowns that are being enforced across the Western world, and this near-obsessive focus comes at the...
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...
I venture some observations on the concept of money, some if not all of which readers of this website will be familiar but worth setting down for those not keen on sitting by the pool this summer with Schlicter's Paper Money...
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...
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...
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...
godfrey-bloom-brit

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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