I spoke last night in the general debate on the economy, saying*: As I rise to speak I am reminded of a quotation from an economist who was a fierce critic of Keynes, a chap called Henry Hazlitt, who said: “Today is already the tomorrow which the bad economist yesterday urged us to ignore.” We have heard today some moving accounts of individual and collective suffering in different regions of the country and among different sections of the public. We should […]

Tags: Austrian School, Bank of England, Central Banking, economics, MA, Money Supply, Parliament, Unemployment