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Speech on Money Creation and Society


A lady in Wycombe recently asked me the following questions: Why is my house valued higher than its worth? Why do crashes keep happening every 8 years? Who owns the money supply and how does it relate to gold? Why haven’t I had cost of living pay rise for 7 years yet the CEO has just bought a pacific island? Why do quarterly targets keep going up at work and what is the end game of this model? Why has […]

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In Defence of Capitali$m | a Christian perspective for BMS World Mission


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[BMS World Mission asked me to write a defence of capitalism from a Christian perspective for their magazine Mission Catalyst. It appears in Issue 4 2014, alongside a defence of socialism.  The article is online here and reproduced below. The entire issue is available to read as published here. I may reply to the defence of socialism if time allows.] I want an end to poverty. I want a social system which operates justly in the general interest without boom and […]

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How choice and competition improve society


Writing today for City AM, Paul Ormerod argues “It’s time to fight the claim that consumer choice doesn’t improve public services”. Quite right. Ormerod indicates one of the trends of our time: The new Labour shadow transport secretary Mary Creagh said last week that she was “open” to the idea of returning all train services to state control. Damaging reports into the Al-Madinah free school in Derby have led to sustained attacks on the idea of freeing schools from local […]

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A revolutionary speech – The Wrong Messiah


I gave the talk this morning at Speen Church. We’re not especially Baptist (apparently!) but we do practice the priesthood of all believers. I chose as my theme the book The Wrong Messiah, by Nick Page. From the cover: He came from the wrong social class, the wrong place and the wrong profession. He ate with the wrong people, championed the wrong causes and attracted the wrong kind of supporters. He even spoke with the wrong accent. In fact everything […]

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Introducing WycombeFirst – “Industry enriches”


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Today, I’m launching WycombeFirst: WycombeFirst is an initiative to promote Wycombe businesses. We know that industry – productive work in the service of others – helps individuals to flourish, builds up society and creates a prosperous future. Each week, WycombeFirst will showcase local businesses in different sectors. We’re proud of Wycombe’s entrepreneurs and workforce – we believe you’ll see why. Find out more here: Why WycombeFirst?

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Two speeches on sound money, the morality of taxation and the cruel fiction of state power


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I spoke yesterday to the European Young Conservatives on the origins of the crisis in excess state power, deficit spending, debt and debasement. Here are the slides: And this morning, I spoke on the morality of taxation alongside Syed Kamall MEP, Cllr J P Floru and Matthew Elliott of the TaxPayers’ Alliance. My remarks are here: PDF. My central message was the same on both occasions: if we really care about human welfare, especially the welfare of the poor, we need to […]

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More unexpected borrowing?


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Yesterday, we learned “public sector net borrowing was £0.6 billion in July 2012; this is £3.4 billion higher net borrowing than in July 2011, when net borrowing was -£2.8 billion (a repayment)”. Compared to say May, when we borrowed £17.9 billion, £600 million seems relatively modest. It’s still the gross annual earnings at the national average wage of over 23,000 people. Apparently, it was a surprise to economists (again). They expected the usual July surplus. As far as I recall, […]

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Book review: C S Lewis, The Four Loves


C S Lewis is one of my favourite authors and not just for the reserved brilliance of Mere Christianity. In contrast to his strictly Christian writing, The Abolition of Man is essentially a work of political philosophy, a critique of those ideas which seek to escape the body of natural law which has served every successful human civilisation. The Four Loves is somewhere in between. From the back cover, Millions of words have been written on the true nature of love, […]

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The awful unspoken truth about QE


Via Conservative Home’s blog The Deep End, an interesting question about QE: If the Government is just going to print money, why can’t we have some? Of course, if you started to give the cash directly to the people, then they might finally understand that our entire economic system runs on funny money. And who knows what would happen then? Henry Ford is supposed to have answered their question: It is well enough that people of the nation do not understand […]

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William Hague: “There’s only one growth strategy: work hard,” but hard work needs honest money.


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In today’s Telegraph, William Hague tells the Government’s business critics to stop complaining and work hard to deliver jobs. However, Mr Hague forgets that a day’s hard work is rewarded with a day’s pay: if that pay is in a money which someone else is producing at near zero cost, the value of hard work is undermined. People who are slogging their guts out to make ends meet in an environment of rising living costs are bound to take the Telegraph’s reporting of […]

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