The statutory body “The Committee on Climate Change” has announced: Cutting gross UK aviation emissions in 2050 to 2005 levels together with 90% emissions cuts in other sectors would achieve the required economy wide 80% emissions reduction which has been committed to by the UK under the Climate Change Act. […]
Read MorePost Tagged with: "Market Intervention"
Now it’s looking like V for victory over recession – Times Online » The Cobden Centre
Writing for The Cobden Centre, I respond to an article in The Times reporting the appearance of prosperity: No one is arguing that the present interventions by government are not giving the impression of prosperity; we agree that injecting new money creates economic activity. However, these measures create only an […]
Read MoreDid You Hear the One About… by Floy Lilley
Did you hear the one about bobbing heads on Sunday agreeing that the cause of the Great Depression was the absence of government guidance? “The Great Depression would never have happened if there had been any economic regulations,” agreed the policy wonks. Oh, really? So you think a free society […]
Read MoreFT.com – Call for more intervention on energy
Via FT.com / UK / Politics & policy – Call for more intervention on energy: An “interventionist” approach by the government will be needed if security of energy supply is to be guaranteed, a report commissioned by the prime minister will conclude on Wednesday. Malcolm Wicks, the former energy minister […]
Read MoreFTSE 100: stock market has best month in more than six years – Telegraph
Via FTSE 100: stock market has best month in more than six years – Telegraph: The stock market has enjoyed its best month in more than six years, boosting the savings of millions of investors and bringing hope that the worst of the recession may be over. The FTSE 100 […]
Read MoreNorwich North, the Greens and the credit crisis
Today while telling in Norwich North, I was joined by a charming lady from the Green Party. In conversation, she indicated the Green view that the present crisis was caused by the liberalisation of banking and the operation of the free market. I explained the ways in which I disagreed. […]
Read MorePolitical power and democratic control in Britain
With all the debate about quangos, I wondered whether anyone had made the case against them based on the Rule of Law. And so I found and added to my reading list Political power and democratic … – Google Books: There is a sense in which quasi-government diminishes the role and […]
Read MoreSpeech of the President of the Czech Republic Václav Klaus in the European Parliament
As we approach leaving the EPP, let’s remember someone else who gets it: We must say openly that the present economic system of the EU is a system of a suppressed market, a system of a permanently strengthening centrally controlled economy. Although history has more than clearly proven that this […]
Read MoreAtlas Shrugged
Yesterday, I finished Ayn Rand’s Atlas Shrugged, a book which seems to be enjoying a fashionable resurgence. Atlas Shrugged is, from the jacket: The astounding story of a man who said that he would stop the motor of the world — and did. … It is a mystery story, not […]
Read MoreThe government did it: The Austrian Theory of the Trade Cycle and other essays
This wonderfully short book of just 120 pages explains through four essays, the influence of money and the capital structure of production on the trade cycle. The authors are Mises, Haberler, Rothbard and Hayek. Each essay is short, approachable and insightful, while pointing to more detailed literature. Consider for example, […]
Read More