Bad News For Economic Fat Controllers – Economic Autocracy Kills Growth

Ha Joon Chang is not the only one out there. The Senior Lecturer is known to succumb to the delusion, Will Hutton's entire oeuvre is based upon the idea. If only everyone just did what they were damn well...

The Guardian’s Right – New Zealand Has Had Leading Government

The Guardian wants to tell us all how Jacinda Ardern is just great, gosh, absolutely fab. In doing so they tell us that New Zealand has always had a rather leading edge to its government. Which is, of course,...

Walmart Stores Reduce Food Insecurity – We Should Have More Walmart Stores Then, Obviously

This shouldn't be the greatest surprise anyone's ever had. If a store opens up that sells food at everyday cheap prices then the people in the surrounding area are able to purchase more food out of the same incomes....

To Inform The Senior Lecturer – Yes, This Is How Capitalism Works

The Senior Lecturer at Islington Technical College is greatly exercised by the manner in which Deutsche Bank has laid off 18,000 people and, essentially, withdrawn from investment banking. The concern is misplaced, this is just how capitalism works. Which...

Shouldn’t Be A Surprise – Low Interest Rates Damage Bank Profits

The finding here is one we should have been able to get to through logic. So, when an interest rate change is announced, if interest rates were around normal levels then this boosts bank equity prices. Because lowering those...

Lies Again About Child Destitution And Poverty In Britain

The Guardian tells us that destitution is on the rise in the UK. This is not so - there is no one in the country, absent significant mental health or addiction issues, who is destitute. This sort of absolute...

John McDonnell Thinks A Labour Victory Would Increase The Value Of Sterling

In terms of the massively deluded concerning economics as we all know John McDonnell is one of life's winners. Anyone who can possibly observe the past 40 years and decide that capitalism as failed is clearly, obviously, either nuts...

Malthus Was Right – Until The Very Day He Sat Down To Write

The Reverend Malthus was in fact right in his insistence that technological advance didn't enrich humans. Because that greater wealth just led to more children surviving, meaning the next generation of three was larger but back to living at...

Ain’t Capitalism Great? Price Changes Over The Last 20 Years

So, the things that capitalism produces have fallen in price over the past couple of decades. That's the pure and unadorned free market capitalism that is. The things where we've a managed sorta capitalism have still fallen relative to...

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Kylie Jenner To Be World’s Youngest Self-Made Billionaire – Next Year

We have an interesting little refutation of the strictures of the Senior Lecturer in International Political Economy at Islington Technical College here. For, as...