SaveOurSavers are celebrating 15 years of the Monetary Policy Committee with the following video. It’s rather too harsh on the Governor: effective central planning of the price of money is just as impossible as the planning of other prices and surely more counterproductive. That is, the Monetary Policy Committee are […]
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The consequences of the impending national bankruptcies » The Cobden Centre
A fascinating perspective from Robert Thorpe at The Cobden Centre – The consequences of the impending national bankruptcies: The governments of Portugal and Ireland are waiting for Greece to default. If that happens then it will likely trigger the bankruptcy of several European banks*. This is the “Second Lehmann Brothers” the […]
Read MoreGreece and the economic patterns of today
Via Sean Corrigan’s Et in Academia ego » The Cobden Centre, following a consideration of the predicament of Greece: So, rather than relying on the snake oil salesmen to tell us how we should think, let us go back to the basics for a moment to see if they will […]
Read MoreHow to transform a nation in ten steps
Brought forward. I was challenged last night to advocate flat taxes. Here’s one of my previous posts which does so. Another is here (you will have to forgive the oversize graphs). The Georgian recipe for “an amazing transformation”: Low and flat taxes Legislative commitment to reducing the government’s fiscal footprint […]
Read MoreMaterial Evidence » The Cobden Centre
Via Material Evidence » The Cobden Centre, more on the false impression of prosperity created by erroneous monetary and fiscal policy: Without stopping to rehearse the entire thesis (laid out most recently in the last two editions of Tangible Ideas, viz., ‘Lord Timon’s Purse’ – oriented towards money and credit […]
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