Golly, that's thinking out of the box. "Private ownership should generally be preferred to public ownership when the incentives to innovate and to contain costs must be strong. In essence, this is the case for capitalism over socialism, explaining the dynamic vitality' of free enterprise". So says Andrei Shleifer in his his 1998 paper for … Continue reading The Uber Effeciency Of The Private Sector
By Ecky Thump lass, where's me black puddin' and ferret? The above picture is one of typical northerners demonstrating their love and gratitude for those in the South East and London but especially those in the City whose munificence has enabled northerners to breed ferrets and afford luxuries like black pudding and tripe. Yesterdays blog … Continue reading The London Vampire: Afterthoughts
Why is it that we still run a national debt with interest payments when we are the monopoly issuer of our own currency and effectively borrowing back what we alone can create? The short answer is we do no such thing, the UK sells bonds so swaps one asset for another, we will issue bonds … Continue reading Why The UK Issues Bonds Mystery
Everybody Is Wrong About Everything. (Except Me) In the next segment David and Roger discuss Neo-Liberalism (NL) which I attempted to do here and here. David, of course gets straight down to everything I missed, the fact that both sides, left and right, got the analysis right and the solution wrong. Both sides want to … Continue reading Malone: Ungarbled Pt 2.
Roger Lewis and David Malone: One Interview To Unite Them All. First of all, I'd like to introduce the interviewer Roger Lewis (left) who was, to me, most unexpected in his approach, the interview was no love in and he was not afraid to challenge David on the basis of his own views … Continue reading David Malone: Ungarbled (I Hope) Pt.1
INTERVIEW LIVE AT 8PM 21/06/17 I have mentioned this blogger before so it's time for a proper introduction to the man and his work. For my blog post tomorrow I hope to live stream an interview with the man himself and hopefully get him blogging again. I am going to focus on a collection … Continue reading David Malone: The Man On The Case