Not only is Help To Buy stupid in terms of pumping up the housing debt bubble (as explained here), it’s also an expensive alternative to renting, according to this analysis by pricedout.org.uk. Apparently you’re better off renting than being an average first time buyer using Help To Buy.

Savers Should Stop Bleating And Start Investing

I feel sorry for people who have money tied up in poorly-performing financial products from which they can’t escape, but I have no patience with the likes of this lot – saveoursavers.co.uk – who seem to think that they have a God-given right to an income from money that’s lying idle in a bank account.…

Abolish Savings? Are These Economists Bonkers?

Over the last couple of years I have come to the conclusion that economics, as it is taught and practised by most academics, is a load of nonsense. This article by Canadian professor Nick Rowe, in which he argues that “saving” should be abolished, is a classic example of taking an interesting idea and strangling…