Party funding problems

The news, some time ago now that the Tories are to be investigated yet again for breaking the election rules, this time through a call centre only goes to show they have so much money, they really don’t know what to do with it. Both the Information Commissioners Office and South Wales police, whose inquiry… Read more

The unbalanced economy

I’m pretty certain that Capx website is not for the most radical of writers. And certainly the author I stumbled upon used to write for the ‘Telegraph’. But under the heading: ‘There’s a new sub prime crisis’ and ‘the payday lending market has exploded since 2008’ the article considers Provident’s problems. This is a company… Read more

Money’s golden connections

A recent email from Positive Money posed an interesting question: “How is it that lack of money, the only resource that can be created at will, forms the main obstacle for addressing effectively society’s problems?” If we presume that the resources they refer to are labour, land, energy and money, then it is delightfully true… Read more

The quantity of money

After considering what is money and how it is created, the next step is to look at how much there is, how the quantity changes over time, and what this is telling us. We are in luck because we can look at real data.* Below I plot the amount of money in circulation in the UK… Read more

Sovereignty is a matter of degree

This is a copy of a letter recently sent to a newspaper though I regret have lost the reference as to which. Its destination is not important but its sentiment is. We have someone here from a very small (rather attractive, if I recall correctly) town of about 5,000 in Bedfordshire, who considers sovereignty beyond… Read more

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