“Inflation is always and everywhere a monetary phenomenon.”–Milton Friedman “Inflation” is an increase in the money supply. Higher overall prices are the result of an increase in the money supply. To say that higher prices [more…]
The phrase ‘grim up north’ lingers in the national imagination and conjures images of soot-stained skylines, struggling towns, and industries long past their prime. Yet this caricature of tired decline obscures another, less frequently told [more…]
I had two immediate reactions to the news of Jason Arday’s apparent suicide. The first was sadness, especially for his two children, wife, and parents. The second was to start a countdown to when the [more…]
In 2007 I was the joint owner of a building services consultancy which undertook the mechanical and electrical design and production tender documentation relating to new construction and refurbishment projects. In addition, we also undertook [more…]
My wife and I recently took a four day road trip to the Hudson, New York area to see some gardens and a couple preserved homes. We stayed the first night in quaint Hudson, NY, [more…]
This is likely to be very boring, but I’m going to try to explain how the bond market works and why so much attention is paid to the 10 year gilt level. Initial primer Bonds [more…]
The phrase “grim up north” lingers in the national imagination and conjures images of soot-stained skylines, struggling towns, and industries long past their prime. Yet this caricature of tired decline obscures another, less frequently told [more…]
The phrase “grim up north” lingers in the national imagination and conjures images of soot-stained skylines, struggling towns, and industries long past their prime. Yet this caricature of tired decline obscures another, less frequently told [more…]
A Multi-Million Pound Illusion Funded by Tories and Paid for by You Greater Manchester Mayor Andy Burnham never misses an opportunity to boast about his socialist transport “revolution.” To hear him tell it, the Manchester [more…]
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