Clik here to view.
Despite its problems, QE might be right
John Butler has a great piece in yesterday’s City A.M. making the case against central bank interest rate interference. He uses the devastating insights of Ludwig von Mises and Friedrich Hayek to show...
View ArticleClik here to view.
Post-mortem on migration debate
Last night I went to Bristol Freedom Society to debate Ryan Bourne, of the Centre for Policy Studies, over whether the UK should have open borders. It was very enjoyable, and while I won very...
View ArticleNo, Britain isn’t a developing country
Britain is a developing country, says Aditya Chakrabortty. He bases this largely on the fact that it is below some poor countries on a number of international rankings. (Never has an article owed so...
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Old Economy Steven would have been better off now
An interesting essay from Chris Maisano over at Jacobin Magazine drifts over many topics—full employment, growth since the 1970s and neoliberalism, worker activism and the 40-hour week. Its essential...
View ArticleClik here to view.
There’s no such thing as a free minimum wage hike
Paul Kirby, who was head of the No. 10 Policy Unit until last year, has a long post calling for a “dramatic, historic increase” to the minimum wage, bringing the levels from the current £6.10/hour to...
View ArticleMarkets do set rates: A reply to Julien Noizet
Financial analyst and blogger Julien Noizet has replied to my article on mortgage rates on his blog. It is a good piece, worth reading, but I still think I am right. It is perhaps true that Noizet is...
View ArticleClik here to view.
Is Uber worth $18bn?
James Ball, at The Guardian, thinks that Uber’s implicit $18bn valuation is “a nadir in tech insanity”. His case is that tech firms are overvalued because although investors know this, they always...
View ArticleAn unpublished letter to the LRB on high frequency trading
Lanchester, John. “Scalpers Inc.” Review of Flash Boys: Cracking the Money Code, by Michael Lewis. London Review of Books 36 no. 11 (2014): 7-9,...
View ArticleA bankers’ ethics oath risks being seen as empty posturing
The suggestion put forward yesterday by ResPublica think-tank that we can restore consumer trust and confidence in the financial system, or prevent the next crisis by requiring bankers to swear an oath...
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Switching mobile networks is easier than switching governments
Unlike lots of people on the right, I like Owen Jones. He’s good natured and often challenges orthodoxy on his own side, and he’s a thought-provoking writer. Having said that, I usually disagree with...
View ArticleClik here to view.
Despite its problems, QE might be right
John Butler has a great piece in yesterday’s City A.M. making the case against central bank interest rate interference. He uses the devastating insights of Ludwig von Mises and Friedrich Hayek to show...
View ArticleClik here to view.
Post-mortem on migration debate
Last night I went to Bristol Freedom Society to debate Ryan Bourne, of the Centre for Policy Studies, over whether the UK should have open borders. It was very enjoyable, and while I won very...
View ArticleNo, Britain isn’t a developing country
Britain is a developing country, says Aditya Chakrabortty. He bases this largely on the fact that it is below some poor countries on a number of international rankings. (Never has an article owed so...
View ArticleClik here to view.
Old Economy Steven would have been better off now
An interesting essay from Chris Maisano over at Jacobin Magazine drifts over many topics—full employment, growth since the 1970s and neoliberalism, worker activism and the 40-hour week. Its essential...
View ArticleClik here to view.
There’s no such thing as a free minimum wage hike
Paul Kirby, who was head of the No. 10 Policy Unit until last year, has a long post calling for a “dramatic, historic increase” to the minimum wage, bringing the levels from the current £6.10/hour to...
View ArticleMarkets do set rates: A reply to Julien Noizet
Financial analyst and blogger Julien Noizet has replied to my article on mortgage rates on his blog. It is a good piece, worth reading, but I still think I am right. It is perhaps true that Noizet is...
View Article
