Via BBC News – Stock markets rise on hopes of more US Fed stimulus: Stock markets and gold prices have risen, while the dollar has fallen, as markets anticipate further stimulus measures by the US Federal Reserve. Compare to Roger Koppl’s Big Players and the Economic Theory of Expectations, which […]
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The riots in England
Over the past few days, many constituents have written to me expressing anger and dismay about the riots, policing and justice. I share this anger and dismay. As I said in my article on Wednesday, we must establish that the state’s duty is to protect the law-abiding and their property first […]
Read MoreConservativeHome’s Platform: Steve Baker MP: Egypt teeters, exposing lessons for the UK
On ConservativeHome’s Platform: Steve Baker MP: Egypt teeters, exposing lessons for the UK: Under the auspices of the Iman Foundation, Syed Kamall MEP and I travelled this week to Cairo to promote pluralism and the principles of a free society. We delivered two successful seminars on democracy, freedom and tolerance – one for […]
Read MorePublic life – how low can we go?
I came into politics out of fury with a political elite which was positively trampling the principles of democracy and an open society. By 2007, what Labour were doing to our country was awful enough, but then the handling of the Lisbon Treaty was the final straw: what a witches’ […]
Read MoreA useful nod for the Austrian school of economics? » The Cobden Centre
Via Dr Tim Evans, A useful nod for the Austrian school of economics? » The Cobden Centre: The session in which I spoke was headed ‘The Sovereign Debt Crisis and the Crisis of Sovereignty’ and my partners for the occasion were the British MEP Danniel Hannan and the former Prime […]
Read MoreWhat Is Money? – Frederic Bastiat – Mises Daily
Anyone could do wonders if he could contrive to overcome all resisting influences, and if all mankind would consent to become soft wax in his fingers; but men are resolved not to be soft wax; they listen, applaud, or reject and — go on as before. via What Is Money? […]
Read MoreParliament, the EU, Keynes and Hayek
Last night in debate, Keynes and his disciples were invoked and rebutted in relation to EU economic surveillance. One Labour MP wanted to print the money we need… Today, via The Cobden Centre, I find EconStories have followed up their superb Keynes vs Hayek rap, Fear the Boom and Bust, with Fight […]
Read MoreThe Rise and Decline of the State
Brought forward. I just had cause to share this with a constituent in relation to the Kafkaesque nightmare they face. David Cameron has said that the era of big government has run its course. The foreword to our manifesto sets out the rotten state of Britain (see also Butler) and […]
Read MoreAtlas Shrugged on the big screen
As I have reported before, there’s much in Ayn Rand’s writing that I do not like: As an articulation of what goes wrong when government and other coercive institutions intervene in the economy and in society, it is a masterpiece. As an articulation of the timeless morals which have sustained […]
Read MoreThe Big Society: Social Power over State Power
Via Cameron relaunches Big Society ‘with moral purpose’: The Big Society, which embraces hundreds of programmes which attempt to return power from the state to the people, has come under fire from some Tory MPs and activists, who claim it is virtually meaningless to voters. It has also met Opposition criticism, […]
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