On Thursday, I had lunch with the remarkable Legatum Institute. Their vision: To advance human liberty and a more prosperous and secure world, through researching and promoting the integration of human dignity, liberty, and development. To encourage the adoption of sound policies grounded in a holistic understanding of the human […]
Read MorePost Tagged with: "Business"
Putting Wycombe on the map
Here is the second of my short videos promoting the Wycombe Business Expo which starts this Thursday.
Read MoreWycombe Business Expo
In this video I give my views on the business prospects of Wycombe as well as lending my support to the Wycombe Business Expo. I will be publishing a video each day leading up to the event. Scheduled to happen every year, the first Wycombe Business Expo is on Thursday […]
Read MoreMark Prisk MP, Hayek and Mises
Via Business Minister Mark Prisk wants to strip away the red tape – Telegraph: Friedrich von Hayek is a controversial choice as a pin-up. But a signed pamphlet that the Austrian-born economist wrote in 1980 entitled “Full employment at any price” is proudly framed on Business Minister Mark Prisk’s wall. […]
Read More[bumped up] The economic debate becomes more fundamental
This post has been brought forward for those people who asked me today about money, bank credit and economic cycles while I was telling for the EU and local elections. As the Austrian Theory of the Trade Cycle gains interest for its coherent explanation of our present predicatment, it also […]
Read MoreFT.com: Outline bail-out deal agreed
The FT reports that US legislators have reached “fundamental agreement” on the Bush administration’s $700bn rescue plan: Hans Jorg Rudloff, Barclays Capital chairman, said: “Anyone looking at the money markets would come to the conclusion that we are one minute before a terminal heart attack. Therefore the rescue package will […]
Read MoreFT.com: “AIG forms keystone of financial system”
According to the FT: The head of equities at one of the UK’s biggest investors said the repercussions should AIG fail were “potentially bigger than Lehmans. It is too big to go bust. If it does, we will be eating baked beans out of a tin.” Alarmist perhaps, but the […]
Read MoreMises.org: “Has Capitalism Failed?”
Reflecting on the demise of Lehman Brothers and on Bank of America’s purchase of Merrill Lynch, I revisited an article by recent US presidential candidate Ron Paul, posted on mises.org: Capitalism should not be condemned, since we haven’t had capitalism. A system of capitalism presumes sound money, not fiat money […]
Read MoreOops! Bank customer data sold on eBay
A computer containing a million bank customers’ personal data has reportedly been sold on an internet auction site. RBS says an archiving firm told it the PC had apparently been “inappropriately sold on via a third party”. It said historical information relating to credit card applications for their bank and […]
Read MoreFinancial crisis “no longer funny”
Readable expert opinion on the financial crisis, including bald predictions: there will be more rogue traders, good salesmen will hoodwink smart people, convexity will be missed, correlation products will blow up dramatically, risk management will fail, volatility will increase enormously at times for no economic reason, too much money will […]
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