Can government spending activities have a positive impact on economic activity? Do federal spending programs designed to offset a recession’s negative effects add a boost to GDP growth? Can government purposefully and successfully take steps that will increase employment? In essence, do government stimulus programs really work? With various political parties advocating […]
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A massive failure of journalism is being corrected
Via It’s austerity all right – but not of the kind we actually need, City A.M.’s Allister Heath makes his case: It has long been a theme of this column that the government and its critics alike have exaggerated the extent of the government’s belt-tightening. The coalition is doing this […]
Read MoreJustine Greening must review HS2 in the public interest
I’m grateful to StopHS2 for drawing my attention to this video of the Public Accounts Committee hearing at which it was revealed HS2 has a Cabinet Office Major Projects Authority status of red/amber: As The Guardian reported: The latest figures issued by the HS2 high-speed rail scheme have revised down […]
Read MoreI didn’t seek election to roll forward Labour’s surveillance state
Via Government web surveillance: ‘Expensive, impractical, totalitarian’ – Telegraph: The Government’s plan to make Internet Service Providers capture personal communications data is nothing new. It was brought up under the last Labour government as the “Intercept Modernisation Programme” and received heavy criticism from the Tory party in opposition. The article […]
Read MoreThe fuel pantomime: why put up with our vulnerability to the words of ministers?
Charles Moore is suggesting that this fuel pantomime may be a deliberate strategy: But now that I have heard the Conservatives’ private explanation, which is being handed down to constituency associations by MPs, I begin to feel angry. The private message is as follows. “This is our Thatcher moment. In […]
Read MoreWhat kind of government? Looking forward to the budget
Via the TaxPayers’ Alliance, this video explains vividly that the Government is spending £22,218 every second. In this week’s MoneyWeek, Merryn Somerset Webb’s editorial is titled “Slash spending and taxes”. She refers to Dr Tim Morgan’s work which explains that the economy has for too long been dependent on private […]
Read MorePresentation on the financial crisis
This evening, I made the following presentation on the Government’s financial position and intentions and on the genesis of this crisis. The PDF is here: How to create a crisis.
Read MoreVia Detlev Schlichter: Deceits and delusions – Some thoughts on the euro-crisis and democracy
Anybody with any knowledge of economics should feel uneasy at the sight of a country where half of recorded economic activity is conducted by the state. Are such semi-socialist societies operable, and if so, for how long? Read the article via Deceits and delusions – Some thoughts on the euro-crisis […]
Read MoreHow government and the economy interact
Here’s another thought-provoking video from Learn Liberty: I have had a fascinating but concerning week, watching the Government commit to a giant state-planned, taxpayer-backed project in the shape of HS2, getting to know some of the surprisingly thoughtful people in the Occupy movement, speaking with Radio 4 Analysis about what […]
Read MoreRemember, remember, the 5th of November
As CNN reports, the V for Vendetta-style Guy Fawkes mask has inspired Occupy protesters around the world. CNN points out: Ironically Fawkes, far from being the anti-establishment hero he has come to be seen as in the years since his death, was a monarchist who merely wanted to replace the […]
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