I hope to examine this in more detail later. But I wanted to get on record as soon as possible that the events of the last 48 hours have taken a decisive turn in the battle between inflation and deflation. Commentators backing one or other…

I should have explained sooner the latest sustained silence on this site. Frustrated by the dishonesty of all the main parties with regard to the economic challenges that we face, we formed a new political party (Freedom & Responsibility…

What do they teach these people on Oxbridge human sciences courses? First the Cameroons demonstrate their ignorance of what it is that is holding British business back (clue: it isn't that it takes 14 rather than 7 days to register a…

As reported on the Environment Agency's website: -A series of civil sanctions will give the Environment Agency the discretion to avoid the time consuming and costly process of having to take businesses that commit certain types of offences…

The Real World Economic Review is taking votes for its Ignoble Prize for Economics, "to be awarded to the three economists who contributed most to enabling the Global Financial Collapse (GFC)." The shortlist is outstanding, and indeed many…

I have been lucky enough to be involved in several discussions recently in small, ostensibly-liberal* groups including some leading figures in public life and other fields. They were all private gatherings, and some were under Chatham-House…

A couple of months ago, I sat next to a leading economist, reputedly of the free-market variety (though our conversation led me to doubt it). I suggested to him that GDP was not a good indicator of the health of the economy. He said he…

In a speech reproduced at the excellent Cobden Centre website, James Tyler argues for the introduction of a free money system (i.e. independent, private issuers of currency). This is part of the ongoing debate between sound-money advocates…

This is presumably one in a series. Look also for: Gideon Gono freed from caps on money issuance European Union freed from caps on economically-suicidal legislation Lloyds Bank freed from caps on market-dominance Energy suppliers freed from…

I think we in secular society are missing God. Too many people have an inflated estimation of human understanding, power and impact. They think that our economic activity can be understood and controlled to everyone's benefit by a few…

GoogleAds has been pleased to inform me that they are donating $20 million to charities on our behalf for Christmas.   I've got an idea. How about GoogleAds cuts its charges by $20 million, and we'll each decide which charity we'd like to…

In this week's MoneyWeek (best economic journal out there at the moment), an article by Simon Wilson on the risk of a "City exodus", prompted by Darling's special bankers' bonus levy, included the following sentence: -"The confusion over…