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with a bang not a whimper … 25 May 2010 | 10:35 pm
I should perhaps have been more explicit when I said ‘Signing Off’. This is the last post on this blog until further notice. I have unexpectedly been offered an advisory position to the new governme...
Quotes of a vital, nay historic importance 24 May 2010 | 10:10 pm
On the EuroMess, Stephanie: those North European powerhouses have been running up huge trade surpluses, while the Southern Europeans have run bigger and bigger trade deficits. Whenever Germany tells ...
Dow 10,000: it must be magnetic or something 22 May 2010 | 03:12 am
Once again, the Dow Jones has tumbled back towards 10,000 having failed to escape this level. Here are some quiz questions: 1. Can you remember when it first hit 10,000 2. On how many separate da...
A common eurozone bond 21 May 2010 | 09:33 pm
The Financial Times helps to resurrect an idea that CentreForum was cautiously plugging a year back. A common eurozone bond: would provide more accessibility to the markets, help stabilise the conti...
Some top quotes … 21 May 2010 | 02:55 am
in order to make up for my abandoning the blog for a day owing to us relaunching a website, soon. Here is the world’s top blogger Cowen hoisting an excellent quote about Benthamism: Bentham is a tot...
Orange tinted policies 20 May 2010 | 09:29 pm
Both from the Orange Book and recent acclaimed CentreForum publications you can see the real influence of proper liberal views influencing policy. Look at the Coalition agreement: The Royal Mail agr...
The day after the inflation shock, the gilt rockets … 20 May 2010 | 09:22 am
which may confuse some people, but shouldn’t. Here is the graph of the June Gilt future since March: As this story indicates, yields are now at a very low level. Good news? Well, no. A naive, p...
Defending the Bank of England 19 May 2010 | 11:01 pm
It is looking pretty dicey for the Bank and it’s inflation-fighting reputation. Read Jeremy Warner (Does the inflation target actually mean anything any more?) and above all the point made clear in S...
Great quote from Kamm 19 May 2010 | 07:14 pm
Of the Times “Whereas all of the parties ought to have been disappointed with their showings in the general election, the eventual shape of government has – for now, at least – pleasingly marginalise...
Blaming the speculators, part MXXVI or whatever 19 May 2010 | 03:50 am
The latest squeal at the sheer unfairness of ‘of the absolute power that the markets have over government decisions’ can be found at LibCon. To be honest, I can’t make much of it: some of it literall...