Blowing Bubbles

Yesterday The Telegraph reported on the current house price boom. The average asking price in England and Wales is more than ¬£262,500 – 7.3% higher than it was 12 months ago. For those of us who struggle with the concept of cumulative growth 7.3% doesn’t sound like a very big number but if you do…

Blame Ignorance, Arrogance And Indolence, Not Immigrants

This article by Jeremy Warner in the Telegraph is disturbing on two counts. His erroneous argument is a distraction from what’s really wrong with our economy, and it has stirred up a foul nest of malcontents (see the comments below the article) who appear to blame immigrants for everything that’s wrong with our society. Jeremy…

A studiously thoughtful article from Jeremy Warner in the Telegraph¬†about the ideological battle between followers of Keynes, Hayek, and Friedman, all of whom have been proved wrong in one way or another. When will the debate move on from dead men’s flawed theories to something pragmatic that might actually solve our problems?