The Upside of Lockdowns: More Saving
bySomething good is coming out of the covid lockdowns. Economist David Rosenberg released a special report via the eponymous Rosenberg Research, concluding “the pre-COVID-19…
Savings
Text of “The Death of French Savings, the Russian Bonds Story 1880-1996”
byThe following text is from the notes I made of a talk that I gave to the “End of The World Club” at the…
A matter of interest – part 2
byContinued from Part 1 … To recap the lesson we have drawn here: if there is a great urgency about demand for the means of…
David Miliband in the FT, his errors, and a positive policy for wealth creation
byThe Labour Party will eventually get back in power again. There is a very good chance it will be led by David Miliband. In…
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…
Thrifty families accused of prolonging the recession – Times Online
byVia Thrifty families accused of prolonging the recession – Times Online, yet more crass Keynesianism: Anxious families are repaying debts instead of spending in…
Why Budget Deficits are Bad for the Economy and Why Sir Samuel Brittan is Wrong
byToby 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.
byThe essential idea of a Liquidity Trap as expounded by J M Keynes in this “General Theory” is that there is a point in…
The Superhighway to Serfdom
byBy kind permission of Sean Corrigan, we make available the September edition of his Resource Ruminations “Superhighway to Serfdom”: “The danger of modern liberty…
FT.com / UK – Darling threatens banks over loans
byVia FT.com / UK – Darling threatens banks over loans. Ministers have warned Britain’s banks to increase the supply of affordable loans to businesses…