Tag Archives: Economics

Nicola Sturgeon thinks the wicked Tories came up with a cunning plan to stop Scotland becoming independent. They invented Brexit, which was designed to make Scotland poorer and more dependent on the UK. Having done their worst to make Scotland poorer these despicable Tories now dare to say we can’t …

Raw materials prices are rising.  Why? Will this continue? Cotton and natural rubber prices have experienced a sharp rise: World Bank Blog Notice that China is the main consumer. Iron ore prices are high:   And China is the main importer:   Copper prices are up:     The failure …

There are two views of politics.  In the first the People are born free and the State intervenes to prevent oppression by powerful individuals and groups.  The purpose of the State is to protect freedom and the individual.  In the second view people are born into service to society and …

An organisation called The Social Justice and Fairness Commission recently published a report dated March 2021. We didn’t see it in March however, but rather it was only revealed after the Scottish Parliament Election. Of course, the organisation is another of the SNP’s front organisations. The authors of the report are …

Dominic Raab, Joe Biden and the EU are all proposing that we continue and even increase trade with China.  They all talk of constructive engagement giving the West influence over the Chinese. This approach might have appeared reasonable twenty years ago but today it is absurd.  China has the highest …

Host Isaac Anderson speaks with Emilie Dye, Policy Director of the Australian Taxpayers Alliance and Executive Director of the HR Nicholls Society, in a free ranging interview about immigration, the not-so-dismal science of economics, and the Australian perspective on CANZUK. Also, Daily Globe UK publisher Ted Yarbrough, and author and …

This morning I sat cuddled up with my dog to listen to the first Reith Lecture, given by Dr Mark Carney, the ex-Goldman Sachs, ex-Governor of the Bank of England.  It is one of the benefits of the current lockdown that we can sit in peace and broaden our minds. There …

There are two reasons for cutting foreign aid and indeed abolishing it entirely. The first is that we cannot afford it. The second is that it harms those who receive it. Since David Cameron came to power there in 2010, there has been no austerity at all in Britain. Public spending in …

What is fire and rehire? And why does it happen? What is the effect of banning fire and rehire? Bad policies can make a bad situation much worse – we have to be careful to not let good intentions cloud our judgement. Driven by Labour MPs (of course), Parliament is …

What’s the harm in feeding the poor? Why can’t we just print more money and make everyone a little bit richer? What’s the harm in feeding the poor? What’s the harm in regularly giving people money, with no strings attached? Have you heard of the saying “give a man a …

There’s an Austrian school of economics. After Emma Harper an SNP MSP’s confusion about what a currency is, we obviously need an SNP school too. 1. In an independent Scotland we could make money from non-existent secret oil fields even if the price of oil can turn negative. 2. Scotland …

Empires rise because a group of people becomes more prosperous than their neighbours.  This enhanced prosperity is usually the result of the superior management of the economy, society and resources.  Relative prosperity gives the group the ability to project power. As can be seen from the graph below, we are …

The Industrial Revolution occurred in the UK in the eighteenth and nineteenth centuries. How far was this due to slavery or other intrinsic factors? There is clear evidence that the Industrial Revolution has its roots in the early to mid eighteenth century. The world’s first, large iron bridge was built …

Margaret Thatcher once said that “there can be no liberty unless there is economic liberty.” She was right. For far too long before Margaret Thatcher took office there was very little economic liberty in the United Kingdom. We had relied on the same school of Keynesian Economic thought for much …

Most reviews of the effect of Brexit on business locations describe all negative business events as due to Brexit.  There is an outstanding example of this bias in the September 2019 Metro article:  “All the companies that have collapsed or moved abroad since Brexit”. It is telling that the Metro …

The IMF has recently released predictions for the economy.  It predicts a 3% fall in global GDP in 2020 and a 6.5% fall in the UK: The IMF is pessimistic about global recovery, apparently the economic recovery is beginning now, which is puzzling.   It is interesting that only a month ago, …

In six months time, after huge numbers of deaths in the Middle East and elsewhere due to Covid-19 what will have changed? The retail industry will experience the biggest change.  Many small shops cannot survive months of shutdown.  Expect town centres to contract yet further as everyone learns how to …

Twice now in the space of twelve years we have seen a British Chancellor do what it takes to save the British economy. In 2008 the Treasury bailed out the banks in 2020 it has just bailed out everyone else. Can any Chancellor prior to Rishi Sunak have had such …

Something has been going badly wrong with UK-EU Trade. The UK-EU Trade Deficit was £66 billion in 2018. Why? It is not because the UK is failing to produce the goods and services that people want because the UK is in surplus with the world outside the EU by £36 …

Now that Hammond and other Remain Tories are no longer setting the agenda the new Conservatives can have a tactical election for Brexit.  They can put tax cuts and other contentious issues aside.  This is a Brexit election.  Remainers will attempt to divert the campaign away from Brexit because they …