Demand for £50 notes ‘fuelled by lack of faith in banks’ – Telegraph
Via Demand for £50 notes ‘fuelled by lack of faith in banks’ – Telegraph: Demand for £50 notes has risen sharply during the recession…
Read MoreDecember, 2009
EEC/CERT/CESP/Warm Front – Picking Losers…
Via EEC/CERT/CESP/Warm Front – Picking Losers…, an argument that government intervention in the energy markets is counterproductive: These programmes¹ are examples, like the EU-ETS,…
Read MoreThe Micropolitics of Free Market Money: a Proposal
This paper originally appeared as Economic Notes No. 39, published by the Libertarian Alliance in 1992. The Paper is available in full here. This…
Read MoreThe Error of Government Spending by Way of the Magic & Mythical Multiplier
One of the most persistent economic fallacies that permeates economics and politics is the notion that by government spending money, there will be more…
Read MoreLessons from the financial crisis: a libertarian perspective
This article is an expanded version of the Second Chris R. Tame Memorial Lecture delivered by Professor Dowd at the National Liberal Club, London,…
Read MoreCan Government Create Wealth?
In this article, I argued that a useful measure of GDP needs to extract the government sector, as all it represents is a movement…
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