Monthly Archives: December 2011

George Ought to Help

Posted on December 19, 2011 by

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Cameron’s non-veto of a non-existent treaty

Posted on December 14, 2011 by

The press have devoted much coverage to Cameron’s apparent veto of changes to EU treaties. The only problem is, you can’t veto a treaty that doesn’t exist. Cameron effectively admitted as such in the House. As Richard North explains, The … Continue reading →

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Overdose: The Next Financial Crisis

Posted on December 13, 2011 by

The following documentary, Overdose, offers a more coherent explanation of the housing boom and bust than any other documentary I’ve seen thus far. The mainstream broadcast media in the UK has barely touched on the themes in this documentary, and they … Continue reading →

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The Aussies sure have a sense of humour

Posted on December 13, 2011 by

This is one of the funniest videos I have seen on the sovereign debt crisis – as I’ve said before, when facing disaster in the face, we need some comic relief!

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The cost of drug prohibition

Posted on December 12, 2011 by

The topic of illegal drugs is one where I’ve changed my mind over the years. Growing up I agreed that illegal drugs should remain illegal, believing that taking drugs was both dangerous and immoral. I’ve since decided that outright legalisation … Continue reading →

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How Hayek differs from Keynes

Posted on December 7, 2011 by

I found this great summary explaining how Hayek’s economics differs so much from Keynes’: Hayek’s approach attacks, root-and-branch, the macroeconomic way of thinking. It is not simply a challenge to a particular theory of the determinants of mass unemployment, inflation, business cycles and … Continue reading →

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Capitalism or crony capitalism?

Posted on December 5, 2011 by

As I argued previously, the Occupy protesters are justifiably angry, but to direct their anger at capitalism is a mistake, since it was not free markets that created this current finanicial crisis, but rather a system of crony capitalism and government interventions. … Continue reading →

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