Material Evidence: the Texas Ratio
bySean Corrigan always introduces me to something I did not know. Learn about the “Texas Ratio” and think about how precarious this “great recovery”…
FT.com – Do-it-yourself warning as state cuts back
byVia FT.com / UK / Politics & policy – Do-it-yourself warning as state cuts back, further evidence of the need for genuine social progress…
FT.com | Westminster Blog | Pre-Budget report: Line-by-line summary
byVia FT.com | Westminster Blog | Pre-Budget report: Line-by-line summary, banking elements of the pre-budget report: 50 per cent levy on any individual discretionary…
Is There Such a Thing as Society?
byThe infamous “no such thing as society” interview given by Prime Minister Margret Thatcher to Women’s Own magazine, October 31, 1987: I think we…
Demand for £50 notes ‘fuelled by lack of faith in banks’ – Telegraph
byVia Demand for £50 notes ‘fuelled by lack of faith in banks’ – Telegraph: Demand for £50 notes has risen sharply during the recession…
EEC/CERT/CESP/Warm Front – Picking Losers…
byVia 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,…
The Micropolitics of Free Market Money: a Proposal
byThis paper originally appeared as Economic Notes No. 39, published by the Libertarian Alliance in 1992. The Paper is available in full here. This…
The Error of Government Spending by Way of the Magic & Mythical Multiplier
byOne of the most persistent economic fallacies that permeates economics and politics is the notion that by government spending money, there will be more…
Lessons from the financial crisis: a libertarian perspective
byThis article is an expanded version of the Second Chris R. Tame Memorial Lecture delivered by Professor Dowd at the National Liberal Club, London,…
Can Government Create Wealth?
byIn this article, I argued that a useful measure of GDP needs to extract the government sector, as all it represents is a movement…