Tag Archives: UK
The inexorable rise of the Nanny State explains the raison d’être of the political class. The sentiments expressed below in The Traveller; or, a Prospect of Society are particularly true today. Although written by Oliver Goldsmith in 1764, the law has increasingly become a vehicle for restraint by the State¹·²·³.
In every government, though terrors reign,Though tyrant kings, or tyrant laws restrain,How small, of all that human hearts endure,That part which laws or kings can cause or cure!
The following is a brief extract from ‘Big Brother Loves You!’ by Detlev Schlichter in which he rails against fiat money and the creation of debt something that I touched on in A Universal Debt. Commenting on the trend towards interventionist policies and assertive state action, The Economist and the Financial Times talk of the trend towards ‘repression’ and ‘national capitalism’ in crisis management. The public believe that greedy bankers and ‘unfettered capitalism’ brought about this crisis. Yet cheap credit through state fiat money and the systematic subsidisation of the housing market, are not features of the free market but of politics. Read more of this post
This week on Facebook: I thought the quote that Freedom meant freedom from material want too difficult to answer although I did try, but notions of freedom and material wants come with such a variance that any general answer would be virtually impossible and any specific answer dependant on how the quote was interpreted. This became apparent from an interesting exchange that developed between Colin and Scott in response to my published article on Monday. Read more of this post
This Sunday of Facebook: Despite having said to my wife that the election of a new President is entirely up to the electorate in the USA, which it is — whatever the rest of the world thinks — nevertheless I couldn’t resist having my say. Not being aware that the date for the election of a new President in the USA is next Tuesday, I am posting a selection of my intended articles today. Read more of this post
This week on Facebook: Being somewhat surprised by the scale of the political incompetence (although political connivance would fit equally well) that I came across in last week’s article on pensions, I decided that this week I would look a little deeper. I found that the sorry saga continues with perhaps the only positive slant that could be put on it would be that of politicians caring for their own stipends. Read more of this post
This week on Facebook: Sees me return to economics, yet more history and the despair of an old man who — like all old men before me — thinks that the world is going to hell in a handcart. My first instinct was to ignore articles on helicopter money as it being something that I was incapable of having an influence on (which is true) and finding myself totally confused by the rationales offered by economists and politicians. Nevertheless, the notion of helicopter money made me think of some historic precedents that I believe are valid allusions to its use. Read more of this post
This week on Facebook: I have a grandson given to conspiracy theories, he might reasonably have concluded that to hold the Brexit referendum and the release of The Chilcot Report so close together was a deliberate political conspiracy. If it were, any ideas that that they would bury each other in a media feeding frenzy that would quickly be forgotten were completely misplaced. Neither is going away soon and the only certainty here may be that The Chilcot Report will become a document that future historians will continually pour over while the Brexit referendum may simply become a footnote in English history. Read more of this post
This week on Facebook: The Brexit referendum led me to research the impact 18-34 year old voters could have had on the outcome and why they didn’t. In a nutshell it’s very simple, they either didn’t vote in large enough numbers or had not registered to vote in the first place¹. To quote Ralph Nader —
We have the most prolonged adolescence in the history of mankind.
This week on Facebook: Not a believer in referendums — at least not those in the UK that turn a simple democracy into a mobile vulgus ochlocracy. I didn’t vote in the one last week on Brexit but in terms of UK democracy, last week’s Brexit referendum vote was as democratic as any electoral or parliamentary vote and more democratic — in terms of the popular vote turnout — than any other post war referendum. Read more of this post
This week on Facebook: Stop The World I Want To Get Off is a musical set against the backdrop of a circus, the show focuses on Littlechap, from the moment of his birth to his death. Each time something unsatisfactory happens, he calls out ‘Stop the world!’ and addresses the audience. In a week ending with the result of the UK referendum on membership of the EU (Brexit) a post on Syria is hardly like to excite an audience. Nevertheless my attention was caught by Monday’s article suggesting that Sykes-Picot agreement was not responsible for shaping the future of the Middle-East, following which I decided to devote this week on Facebook to Syria. Relying on the modern media for information and especially the social media, which seems to feed on unsatisfactory outcomes, encouraged me to see the world as a circus and myself as Littlechap. Read more of this post
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