With the Bank of England set to create new money out of nothing, I offer pointers to two articles which explain how this increase in the money supply will further impoverish the poor and those on fixed incomes, and how the move will diminish the chances of a sustained recovery. […]
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The road to hell is paved with…
Good intentions, of course. Chris Huhne proposes to introduce a bill to repeal the legislation that has stripped away our rights. So far, so good: There has always been a problem for civil libertarians. The sacrifices of freedoms made by successive governments often seem small, particularly when they are pushed […]
Read MoreFair Trade, bananas and feeding the poor
A rainy Sunday game of Trivial Pursuit provided the claim that bananas are the fourth most important food commodity after rice, wheat and maize in terms of production value. This UN report confirms the fact. And that reminded me of an article in the Journal of The Institute of Economic Affairs, Fair […]
Read MoreThe case for early intervention
The more I learn about our broken society, the more heartbreaking the situation appears. We are not self-reliant pioneers conquering a new continent: we are the heirs to generations of ineffective government intervention. We have broken our society and the problem is growing: [T]he size of the dysfunctional base in […]
Read MoreLabour’s Debt Crisis Campaign
The Conservatives have launched a campaign highlighting the human consequences of the current debt crisis. You can learn more here. Indebtedness is one of five main pathways to poverty. You can find analysis and proposals from the Centre for Social Justice here.
Read MoreBreakthrough Britain
If anyone still doubts whether British society is broken, they should read the reports of the Centre for Social Justice. When we consider family breakdown, educational failure, economic dependence, indebtedness and addictions, the human and financial cost of decades of top-down bureaucratic control becomes heart-breaking. And let’s not forget that, […]
Read MoreBureaucracy
Bureaucracy: from Stalin and Trotsky to David Cameron, we all know we loathe it. What is it? In “Bureaucracy”, Ludwig von Mises explains: Bureaucratic management is management bound to comply with detailed rules and regulations fixed by the authority of a superior body. The task of the bureaucrat is to […]
Read MoreSocial action: manning the local night shelter
I will be manning our local night shelter between January and March. Homelessness is a subject close to my heart. It is a scandal that — in this age and with such levels of spending on social security — people are forced to sleep rough. It is a scandal we […]
Read MoreHousing: the mess we are in. Three articles from the FT today.
“MPs urge scrapping of tax on empty property”: Gordon Brown is coming under pressure from his own backbenchers to scrap a tax on empty property, which is blamed for the demolition of buildings that developers cannot sell. read more | digg story “Rents hit by surge in supply of homes”: […]
Read More“A victim of the State”
A young homeless woman asked me to buy a Big Issue just outside the conference area and then asked me, “If you get in, what are you going to do about poverty in this county? The Government seems very keen to get in with everyone else, but what are you […]
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