Welfare and the case for honest money
I do not doubt that the Government is sincere in its wish to make Britain “open for business” and to deliver greater life chances…
Read MoreSociety
The Catholic church in the UK has come a long way from Salamanca
In October 2009, Toby and I attended the Ludwig von Mises Institute’s Supporters Summit in Salamanca, the birthplace of economic theory: One of the…
Read MoreMy Journey to Austrianism via the City
I have spent the best part of the last two decades pitting my wits against the market. It’s an unforgiving game: I’ve seen ups and downs, and many of my rivals buried under an avalanche of hubris, passion, illogical thought and unchecked emotion.
I have witnessed the sheer folly of the ERM crisis, the Asian crisis, the failure of the Gods at Long Term Capital Management and the insanity of the tech boom.
I have enjoyed the ‘NICE’ decade (Non-Inflationary Constant Expansion), and scared myself silly during the credit crisis.
I am a trader. […]
Read MoreThe violation of Mr Smith
Forty years ago today, Britain moved to decimal currency. A 1971 penny was worth the equivalent of today’s 10p. In recognition of this dramatic…
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Tonight: Britain’s Trillion Pound Horror Story
Britain’s Trillion Pound Horror Story will be transmitted on Channel 4, tonight Thursday, 11 Nov at 9pm: Film maker Martin Durkin explains the full extent…
Read MoreThe Big Society, Cameron, Nichols, Hayek and the Last Pope
We are told in this weekend’s Sunday Telegraph that: Listening to David Cameron’s first speech on the steps of Downing Street, Archbishop Vincent Nichols…
Read MoreSound familiar? A Challenge to Tribal Politics
Peter Joyce and Geoffrey Sell describe an Eton and Oxford educated Party Leader thus: A long-term opponent of statism, the view that social advance…
Read More‘Heroes’ helped to help themselves!
I have just listened to the Budget Debate and quite frankly am growing more and more tired of the political point scoring arena that…
Read More“The State is a severe mother”
From Lord Welby’s preface to The Political Writings of Richard Cobden, 1903 (PDF): The State is a severe mother. She demands from her noblest…
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Razeen Sally, “Trade Policy, New Century”
Razeen Sally’s Trade Policy, New Century (PDF) succeeds magnificently in explaining the 21st-century case for free trade and, specifically, unilateral trade liberalisation to the…
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