The Upside of Lockdowns: More Saving
Something good is coming out of the covid lockdowns. Economist David Rosenberg released a special report via the eponymous Rosenberg Research, concluding “the pre-COVID-19…
Read MoreSavings
Text of “The Death of French Savings, the Russian Bonds Story 1880-1996”
The following text is from the notes I made of a talk that I gave to the “End of The World Club” at the…
Read MoreA matter of interest – part 2
Continued from Part 1 … To recap the lesson we have drawn here: if there is a great urgency about demand for the means of…
Read MoreDavid Miliband in the FT, his errors, and a positive policy for wealth creation
The Labour Party will eventually get back in power again. There is a very good chance it will be led by David Miliband. In…
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A day of reckoning: how to end the banking crisis now
Drawing on the work of Nobel Laureates in economics from three traditions, plus numerous other distinguished scholars, Cobden Centre Chairman, economist and successful entrepreneur…
Read MoreThrifty families accused of prolonging the recession – Times Online
Via Thrifty families accused of prolonging the recession – Times Online, yet more crass Keynesianism: Anxious families are repaying debts instead of spending in…
Read MoreWhy Budget Deficits are Bad for the Economy and Why Sir Samuel Brittan is Wrong
Toby Baxendale exposes flaws in the economic thinking of the left, indicates the dangers of deficit spending and points to a better way to…
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Is a Liquidity Trap Possible? Beware of those who do not understand the Structure of Production.
The essential idea of a Liquidity Trap as expounded by J M Keynes in this “General Theory” is that there is a point in…
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The Superhighway to Serfdom
By kind permission of Sean Corrigan, we make available the September edition of his Resource Ruminations “Superhighway to Serfdom”: “The danger of modern liberty…
Read MoreFT.com / UK – Darling threatens banks over loans
Via FT.com / UK – Darling threatens banks over loans. Ministers have warned Britain’s banks to increase the supply of affordable loans to businesses…
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