Books – Page 5 – Steve Baker

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Economics in One Lesson: IV – Public Works Means Taxes

by Steve Baker 25 January 2012 in Politics Comments are Disabled

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, Public Works Means Taxes, which explains that people forget the unseen cost of […]

Economics in One Lesson: III – The Blessings of Destruction

by Steve Baker 17 January 2012 in Politics 1 comment

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 Blessings of Destruction, an extension of The Broken Window Fallacy. Buy or […]

Economics in One Lesson: II The Broken Window

by Steve Baker 10 January 2012 in Politics 1 comment

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 Broken Window, an old fallacy about the supposed blessings of destruction. Buy […]

New quick guide: Economics in One Lesson

by Steve Baker 5 January 2012 in Politics 3 comments

Every week for the next 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, in just 189 words, The Lesson. Of course, there is no […]

Ideas are more powerful than armies

by Steve Baker 10 December 2011 in Politics 2 comments

Update: amended links for public read access. This afternoon, I am presenting five books which illustrate that ideas are more powerful than armies at the Young Briton’s Foundation conference. Here are the slides: Or browse here:

Banker and economist to explain to Occupy St Paul’s how bankers falsify profits and misappropriate bailout funds

by Steve Baker 9 December 2011 in Politics, Business Comments are Disabled

Tomorrow, Saturday December 10th at 1.30pm, my colleagues Gordon Kerr and Kevin Dowd will appear on the steps of St Paul’s Cathedral to explain how bankers falsify profits and misappropriate bailout funds for personal benefit. Kerr will set out: How derivatives transactions are structured to game flawed accounting rules and […]

What the Chancellor will not be discussing tomorrow: the collapse of paper money

by Steve Baker 28 November 2011 in Politics Comments are Disabled

Via the Adam Smith Institute on YouTube, Detlev Schlichter explains the thesis of his recent book, Paper Money Collapse: The Folly of Elastic Money and the Coming Monetary Breakdown: Amongst other things, Detlev is a Senior Fellow of the Cobden Centre, which I co-founded. I should very much like to […]

The Government’s business strategy

by Ex-staff 22 November 2011 in Politics, Business Comments are Disabled

The Government recently announced a number of policies to help British businesses. They have launched the updated and overhauled businesslink.gov.uk website. This is now the primary gateway for businesses, of whatever scale, seeking support and information from the Government. It’s backed by a new telephone contact centre and many thousands […]

Via Learn Liberty, the price system + profit and loss

by Steve Baker 14 November 2011 in Politics, Business Comments are Disabled

Part I, the price system: Part II, profit and loss: See also, Kirzner, How Markets Work: Disequilibrium, Entrepreneurship and Discovery (PDF), which is a wonderful rebellion against the over-simplification of neo-classical economics. For example: Austrian theory, as presented here, places great weight on ‘entrepreneurial discovery’ which enables decentralised decision-makers to […]

LearnLiberty.org – Learn about the ideas of a free society

by Steve Baker 7 November 2011 in Fun, Politics Comments are Disabled

Via LearnLiberty.org, a great project from the Institute for Humane Studies, Dr Nigel Ashford explains classical liberalism, the doctrine of freedom: The ten principles from the video are: Liberty as the primary political value Individualism Skepticism about power Rule of Law Civil Society Spontaneous Order Free Markets Toleration Peace Limited […]