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Book review – The Fatal Conceit: The Errors of Socialism


I frequently enjoy Hayek’s writing less than anticipated. The Fatal Conceit: The Errors of Socialism was no exception. The book is mercifully brief and its substance is insightful and yet it was a dull read. It begins by explaining that tradition arises between instinct and reason. Hayek destroys the case for a rational reconstruction of civilisation. It is a fatal conceit to imagine society can be designed, one grounded in fear and a revolt against reason. Markets, money and trade emerged […]

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Book review: The Golden Revolution – How to prepare for the coming global gold standard, Butler


Conservative economic policy is easily recognised when stated as balanced budgets, low taxes and sound money. Today, these are a distant prospect. For all the work the Government have done, this year’s net financing requirement is £144.9 billion, larger than the health budget (£140bn) or education (£98bn). As my weekend brief explains, “The Government have delivered a typical tax cut of £705 for over 25 million people and taken over 3 million people out of [income] tax altogether”, however, please contact […]

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Mises’ Socialism and George Osborne’s year of hard truths


Ludwig von Mises’ 1922 book Socialism: An Economic and Sociological Analysis is the definitive refutation of socialism, ie coercive direction of production and distribution by the state. It is the book which persuaded Friedrich Hayek to turn to classical liberalism. He wrote in his foreword, Socialism promised to fulfill our hopes for a more rational, more just world. And then came this book. Our hopes were dashed. Socialism told us that we had be looking for improvement in the wrong direction. […]

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“It is impossible to be a democrat and support the continued existence of the European Union”


In the Telegraph, Peter Oborne reviews Ruling the Void: The Hollowing of Western Democracy by Peter Mair. I have not yet read it. Towards the end, Oborne writes, Like Miliband, Peter Mair comes from the Left. He was an Irishman who spent the majority of his professional life working in European universities in Italy, the Netherlands or Ireland. And yet he has written what is by far and away the most powerful, learned and persuasive anti-EU treatise I have come […]

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Book review: Life After The State, Dominic Frisby


Dominic Frisby’s Life After the State catalogues the systematic failure of political power to meet people’s aspirations for it. From the book description: Have you ever had the nagging feeling that the problems the country faces are spiraling out of control, that the government has lost its way and that, despite its promises, nothing ever changes? Well, you’re right. In every instance where government gets involved in people’s lives with a desire to do good, it can always be relied […]

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