Intervening in bankers’ pay
I attended a lecture recently given by Dr. John Thanassoulis from Oxford University. His objective in this lecture was to explore the question of…
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What is Money?
There exists a certain amount of confusion today about what money truly is, how it originated and who should produce it (the government or…
Read MoreMasters of disaster
I had the good fortune recently to attend a presentation given by Matthew Hancock MP, at the Houses of Parliament. Mr Hancock was giving…
Read MoreThe collapse of capitalism
It is notable that as the continuing financial crisis (credit crunch, recession, sovereign debt crisis, whatever you will) develops, there are those observers who…
Read MoreWhy aren’t the banks lending?
It is notable that on a periodic basis, complaints are made in the press by concerned individuals, politicians, journalists etc. about the lack of…
Read MoreThe Crime Known as Quantitative Easing
Recent economic data has convinced the Bank of England not to expand its Quantitative Easing program. According to the Office of National Statistics, annual…
Read MoreAre the Banks to Blame?
Much has been made of the recent appearance of Bob Diamond, the Barclays Chief Executive, before the Treasury Select Committee. Diamond attempted to defend…
Read MoreSpending Cuts, Student Revolts, and the Debt Crisis
It has been impossible not to notice the widespread student protests over the past couple of months against the government plans to raise tuition…
Read MoreEric Cantona’s Revolution
Eric Cantona, the former professional football player, recently called for a “bloodless revolution” against the banks. The idea, according to Cantona, is that people…
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