I’ll blog shortly about the Independent Commission on Banking’s Interim Report but, as I see Spain is thought by some to be next for a bailout, this quote from Mises’ Causes of the Economic Crisis seems apt: In discussing the situation as it developed under the expansionist pressure on trade created by years of cheap interest rates policy, one must be fully aware of the fact that the termination of this policy will make visible the havoc it has spread. […]
Tag Archives: Spain
Here’s the proof (I’m second from bottom): In the last year, I had only jumped 10 times: politics had simply consumed all my time. Eventually, I decided I had to keep on living, so I put in a short weekend’s jumping. The country’s problems are huge. They were before I was an MP and they will be afterwards. In the meantime, now and then, I am going to keep making time to live.
This post originally appeared on cobdencentre.org. Cobden Centre Chairman, Toby Baxendale, and Corporate Affairs Director, Steve Baker, are this week in Salamanca, Spain for the Ludwig von Mises Institute’s Supporters Summit 2009: One of the great discoveries of the 20th century concerns the origins of economic science in the late middle ages in Spain and Italy. Long before Adam Smith wrote, many scholastics from the 14th through the 17th centuries were writing systematic economic theory. We heard this morning how […]
Skydive Empuriabrava occasionally suffers a phenomenon knows as the “Tramontana”: a strong wind from the mountains. It’s been blowing since we arrived on Wednesday but it is forecast to subside today or tomorrow. In the meantime, this is as close as I’ll get to a skydive: It’s still a great place to be and, with broadband available, I can get some work done. Maybe tomorrow… Oh, and I recommend lunch here: View Larger Map