Why 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…
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…
Can the Manipulation of Interest Rates Create Wealth?
The Cobden Centre’s Chairman, Toby Baxendale, explores whether cheaper money will make for greater prosperity. You often hear politicians and economic commentators say that…
Gordon Brown, the Destroyer of our Economy
The Cobden Centre’s Chairman, Toby Baxendale, explores Gordon Brown’s total responsibility for the meltdown of the UK economy. It is said that the USA…
The Welfare State in Crisis
There are 2.7 million people claiming Incapacity Benefit in this nation. I often wonder if after the World War Two, did we have more…
Recovery surprises leave markets floating on air – Times Online
The distinguished writer and economist for the Sunday Times, David Smith, on the 30th of August in this article wrote the following; Why have…
Why is the FTSE going up?
The FTSE 100 Share Index has been riding high since it fell to a low of 3,512 on March 2, and continues to flirt…
Material Evidence: the appearance of greater prosperity
Sean Corrigan, Chief Investment Strategist at Diapason Commodities Management, in his 13 August briefing, comments on the illusion of prosperity created by new money…
The Problem with GDP
Sean Corrigan, Chief Investment Strategist at Diapason Commodities Management, has kindly agreed to the reproduction of his briefing “Material Evidence” by the Cobden Centre….
FT.com – “Beware of errors in output gap data”
Entrepreneur and economist Toby Baxendale responds to warnings over errors in output gap data by explaining that there is no output gap, only lost…