Today, I am calling on local NHS leaders to heed the clear call from the public in Wycombe to provide 24-hour emergency cover at Wycombe Hospital. Councillor Tony Green’s petition to Bucks County Council has now passed the threshold to initiate a debate on the Emergency Medical Centre at Wycombe Hospital. […]
Read MorePost Tagged with: "Books"
Economics in One Lesson: two chapters on employment
I’m currently publishing a précis of Henry Hazlitt’s brilliant 1946 book, Economics in One Lesson, prepared by Michael Dowsett during his internship. The index page is here. This week, two chapters on employment: Disbanding Troops and Bureaucrats and the rather unfortunately titled chapter, The Fetish of Full Employment Buy or […]
Read MoreThe truth is out about politics, politicians, officials and bureaucracies – the IEA publishes a primer on Public Choice Theory
With the fuel scare over the last week, we saw how a few people in power can shift peoples’ expectations radically and drive them in large numbers to take the same actions. In technical if graceless terms, we have seen how big players shift economic expectations to produce herding. Of […]
Read MoreMonetary activism caused the crisis and may cause a worse one later
Last night in the Budget debate, I set out how “monetary activism”, which is one of the pillars of the Government’s strategy, could go wrong: This is a Budget of fiscal conservatism and monetary activism. It is a Budget, above all, of economic expectations, setting out to people that we […]
Read MoreEconomics in One Lesson: VIII – Spread the Work Schemes
I’m currently publishing a weekly précis of a chapter of Henry Hazlitt’s brilliant 1946 book, Economics in One Lesson, prepared by Michael Dowsett during his internship. The index page is here. After a short break, this week, Spread-the-work Schemes, the consequence of the fallacy that there is only a limited […]
Read MoreEconomics in One Lesson: VII – The Curse of Machinery
Every week over 26 weeks, I’ll be publishing a précis of a chapter of Henry Hazlitt’s brilliant 1946 book, Economics in One Lesson, prepared by Michael Dowsett during his internship. The index page is here. This week, The Curse of Machinery, which destroys the luddite fallacy that mechanisation makes us […]
Read MoreIn Greece, Atlas is Shrugging
Via BBC News – Greece MPs pass austerity plan amid violent protests: Tens of thousands protested in Athens, where there were widespread clashes and buildings were set on fire. Violent protests were reported in cities across the country. Protesters outside parliament threw stones and petrol bombs, and police responded with […]
Read MoreEconomics in One Lesson: VI – Credit Diverts Production (or why ‘credit easing’ is a dreadful idea)
Every week over 26 weeks, I’ll be publishing a précis of a chapter of Henry Hazlitt’s brilliant 1946 book, Economics in One Lesson, prepared by Michael Dowsett during his internship. The index page is here. Economics is haunted by more fallacies than any other study known to man. This is […]
Read MoreVia LearnLiberty – Social Cooperation: Why thieves hate free markets
Via LearnLiberty.org: And also: Society is concerted action, cooperation. Society is the outcome of conscious and purposeful behaviour. … Individual man is born into a socially organized environment. In this sense alone we may accept the saying that society is–logically or historically–antecedent to the individual. In every other sense this […]
Read MoreEconomics in One Lesson: V – Taxes Discourage Production
Every week over 26 weeks, I’ll be publishing a précis of a chapter of Henry Hazlitt’s brilliant 1946 book, Economics in One Lesson, prepared by Michael Dowsett during his internship. The index page is here. This week, Taxes Discourage Production, which discusses how taxes and government spending inhibit progress, hamper […]
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