Welfare costs rapidly escalating – everywhere
byMany of us are aware of Professor Laurence Kotlikoff of Boston University’s calculation that the net present value of the US Government’s future liabilities…
Kotlikoff
Banking: From Bagehot to Basel, and Back Again
byAs reported yesterday on Mises.org, there were some very encouraging statements in Mervyn King’s Monday speech to the Buttonwood Gathering in New York. King…
Niall Ferguson on Keynesianism
bySteve Baker’s researcher, Tim Hewish, found an interesting CNN interview with Niall Ferguson on the US approach to the economic crisis: … the way…
Limited Purpose Banking?
byIn April, I reviewed Jimmy Stewart is Dead by Laurence Kotlikoff. Yesterday, Jerry O’Driscoll posted a review of his own: Chapter 1 of the…
The Emperor’s New Clothes: How to Pay off the National Debt & Give a 28.5% Tax Cut
byI offer a £1,000 reward for anyone who can tell me why this logically won’t work, practical politics, for now, being another matter. What…
Laurence Kotlikoff’s “Jimmy Stewart is Dead”
byJimmy Stewart plays George Bailey who is cast as the “honest” and trustworthy banker in the classic Hollywood film, “It’s a Wonderful Life.” Kotlikoff’s…