Everybody who had a chimney swept or used coal in the 19th century benefited from unfree labourers. If you read about the conditions faced by child chimney sweepers or coal miners in that era they ar… (View Post)

FPT That would, of course, be the sensible, empathetic and sophisticated course of action. However, it would require some historical knowledge and understanding; undermine the grievance industry, far… (View Post)

Close regulation and competent regulation are completely independent of each other. As Gordon Brown, his FSA, and master-of-disaster quangocrats like LORD Adair Turner and SIR Callum McCarthy proved … (View Post)

That's because the financial crisis discredited orthodox, free market economics amongst voters. Completely illogically, since it occurred in the financial services sector, which is about the mos… (View Post)

The financial markets (where I worked for a while at the start of my career) are often extremely poor judges of economic policies for a number of reasons: - they have an extremely short-term focus, e… (View Post)