What is the Legal Relationship Between the Banker and his Customer?
byIn Parliament this Wednesday, there is a Ten Minute Rule Bill being introduced into Parliament by the inspirational and principled MP for Clacton, Douglas…
Law
Labour laws should be abolished
byIn 2006, the European Court of Justice ruled that the Department of Trade and Industry has misinterpreted clauses 3 and 5 of the Working…
Free Banking, the Balance Sheet and Contract Law Approach
byFor new readers to this site who are not aware of the debate that exists within the Austrian School, there are those who are…
The Ethics of Capitalism: A Secular and a Theological Justification
byThe current debate about bankers’ bonuses is often seen as one of fairness pitted against the greed of those nasty capitalists,. To me, bankers…
Do it for the money
byLast year two police women (WPCs) were discovered to have a reciprocal child-minding arrangement. It was initially declared unlawful. Child minders who receive payment…
A day of reckoning: how to end the banking crisis now
byDrawing on the work of Nobel Laureates in economics from three traditions, plus numerous other distinguished scholars, Cobden Centre Chairman, economist and successful entrepreneur…
Remove the systemic risk, don’t levy against it
byVia The Guardian, City minister campaigns to protect taxpayer from bank failures: City minister Lord Myners today stepped up the government’s campaign to ensure taxpayers…
Banking: the shape of the debate
byShould banks be permitted to operate with a fractional reserve on demand deposits or should 100% reserves be a legal requirement? Should there be…
What is wrong with banking, part 1: the legal nature of banking contracts
byThis article gives a summary of the legal nature of banking contracts as presented by Jesús Huerta de Soto in Money, Bank Credit and…
Now State takes over bankers’ contracts – Telegraph
byVia Now State takes over bankers’ contracts – Telegraph: The new rules, which critics are likely to suggest amount to a State-enforced “incomes policy”…