The proposed EU Greek bail-out cannot simply bypass German law
Does nobody read German any more? Nearly all the reports on Europe's bail-out for Greece appear to be coming from Paris, or Madrid, or sources within the Brussels apparatus determined to seize on the...
View ArticleBrown luvvie says FSA was a dud all along
I don't usually write this sort of blog, but something needs to be said about the self interested revisionism which has greeted the demise of the Financial Services Authority. I'm not saying the new...
View ArticleMervyn King's role in forming the Coalition revealed
More details are emerging about Mervyn King's role in the formation of the coalition Government. At a hearing before the Commons Treasury Committee today, the Governor of the Bank of England agreed...
View ArticleHow can George W. Bush be 'comfortable' with his appalling economic legacy?
President George W Bush says he's "comfortable" about his legacy in the various interviews he's given to launch his memoirs, yet I fear he may have to wait several millennia for history to reach a...
View ArticleEurope’s shoddy attempt to vilify Ireland
So we blame the victims the now. José Manuel Barroso, the ex-Maoist President of the European Commission, has told Ireland that it is entirely and alone responsible for the disaster that has befallen...
View ArticleA tax-based alternative to the Alternative Vote
Despite dire warnings from all types of politicians that we really ought to give a damn, it rather looks as if most people entitled to vote in Britain’s first referendum for 36 years will not bother to...
View ArticleDebt crisis: What is to be done now?
I'll sketch this in five parts. First, the banks. Then the euro. Then monetary policy. Then fiscal policy. Then growth. But before we begin, accept this: the denial, delay-and-hope,...
View ArticleScotland's sterling issue makes independence highly problematic
Danny Alexander and George Osborne have raised what is perhaps the key issue from an economic perspective facing Scottish independence – what on earth would Scotland do about its currency? Initially,...
View ArticleIs Mitt Romney right to question representation without taxation?
Most commentators agree that Mitt Romney has committed political suicide by pointing out that 46pc of Americans pay no income tax but he may have done us all a favour by raising a fundamental weakness...
View ArticleOh boy! There was nothing wrong with fiscal policy under Labour, says top...
Simon Wren-Lewis, professor of economics at Merton College, Oxford, blogs to the effect that there was no real problem of overspending under the last government; the idea that there was is largely a...
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