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...
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...
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...
Modern Monetary Theory or MMT is supposedly the new kid on the block - espoused by the likes of Paul Krugman, Will Hutton & various other so-called economists - whose claim to fame is a track record...
I tried to explain the role of money in an earlier article, I now make an effort to explain what the ECB is up to. Of course that is no different to what any other central bank is up...
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...
Gross Domestic Product (GDP) is a Figment of the State’s Imagination You draw up your chair, you switch on the telly and tune into the news. It is all very authoritative, delivered in a manner that brooks no contradiction. Fact...
I offer some additions to the excellent work by Pat Barron & Emile Woolf old libertarian comrades, also excellent work by Alasadair MacLeod of Gold Money on their platform. They are at the cutting edge of reset...

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