The tab from LEH/AIG so far?
byVia Sean Corrigan and Toby Baxendale, “The tab from LEH/AIG so far? Around about $2 trillion if we look at trend US federal debt…
Society
FT.com – We should not be saved from our stupidity
byIt is very hard to play the game of life – or of capitalism – when governments keep changing the rules. Which they do…
TCC launches Education Network
byIn line with TCC’s 2010 business plan, the organisation has just launched its Education Network. Recognising the pivotal importance of out-reach to young scholars…
Dinner with the former Prime Minister of Georgia
byLast week, Jamie Whyte, James Tyler, Tom Clougherty and I attended a dinner with numerous others at which the former Prime Minister of Georgia,…
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…
Why I Founded the Cobden Centre
byI founded the Cobden Centre inspired by the writing of F A Hayek, particularly his reference in “Denationalization of Money: the Argument Refined” (IEA,…
Conservatives: Power to public sector workers
byIn an exciting development, the Conservatives have announced employee-owned cooperatives for the public sector: A Conservative government will give public sector workers a powerful…
How much is your pound or dollar actually worth since government has been in control of money?
byThe answer is that the US dollar has lost 98.17% of its purchasing power and the pound sterling 99.42% of its purchasing power. Well done…
Boris: The Greeks must be rueing the day they whacked the drachma
byBJ’s excellent article today rightly draws comparison between the bailout of Greece and the bailout of Northern Rock. He makes the excellent point that…
So it’s 28 million to Ron Paul and less than 6.5 to Karl Marx
byWhen I was a child in the 1960s and 70s who could have imagined something like this? Forget the mindboggling sophistication of the technology….