Not Our Job to Prevent Recession (1): Bank of England
The Bank of England’s inflation mandate virtually guarantees recessions as higher interest rates repeatedly puncture house-price booms. What are higher
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Solving the UK Energy Price Crisis
The UK energy price spike should be addressed directly and the rest of the economy isolated as much as possible
Continue readingEaling Broadway Tesco Price Hikes
It’s being reported this morning that there is pressure on supermarket prices. But do they just put up the prices
Continue readingThe Brexit Logic Trap
“I think people will interpret membership of the single market as not respecting that referendum.” – John McDonnell You can’t
Continue readingThe Benefits of Being Ugly
I’ve just watched today’s Prime Minister’s Questions (PMQs) on iPlayer (warning: programme will probably not remain permanently available), because it’s
Continue readingHousing Horror
Over the last few decades, here in the UK, we’ve become very good at pointing to apparent failure. Often despite
Continue readingLloyds Share Price: What is it in old money?
As ever, none of the foregoing should be taken as financial advice – if you want that you’ll have to
Continue readingHansen vs. Krugman: Second (Third and Fourth Order Effect)s Out!
Yesterday’s NYT includes a right royal spat. Well, online it does, at least. In a piece titled Cap and Fade,
Continue readingChina’s Energy Profligacy
It’s incredible what you see if you keep your eyes open. This AP story about Chinese electricity prices popped up
Continue readingThe Nature of Money and the Consequent Likely Ineffectiveness of Carbon Taxes: Revisiting the Man in the Wardrobe Fallacy
I’m very disappointed to see policy-makers trying to solve the problem of global warming by ineffective – and possibly even
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