Wise words from the Slovak Parliament’s Speaker
byThe speaker of the Slovak Parliament, Richard Sulik, has published a very sound pamphlet on the European Financial and Stability Facility and Eurozone bail-out…
Talbot’s Last Lament
byHow can the general welfare be promoted by taxing the whole community, to make up the losses of any individual who chooses to employ…
Legal Challenge to Eurozone Bailouts in Finland
byTwo Finnish citizens have filed a complaint to the Finnish Chancellor of Justice, Jaakko Jonkka, due to the Finnish government’s breaching of the no-bailout…
Ringfencing retail banks – just rearranging deckchairs on the Titanic
byThe 363 page ICB report implies more rules, more regulation, substantial taxpayer costs in drafting, implementing and overseeing. Will this approach work to protect…
China: American financial colony or mercantilist predator?
byChina is an important trading partner of America. But it may also be a mortal threat. And not for the conventional reasons usually cited…
The 10th Anniversary
byA Modest Craft – Sept 12, 2001 It is at times like these that we in the financial sector are humbled in the presumption…
We love Terry Smith!
byA great letter to the editor of the FT from Terry Smith: Sir, I refer to the debate being conducted in the pages of…
Funding markets and your business plan
byCorporate Implications of the Supply/Demand Imbalance for Cash & US Treasuries:
Carswell’s Currency and Banknotes bill
byDouglas Carswell’s speech introducing his ten minute rule bill, blogged yesterday by Tim and Steve, is now available in Hansard. We were pleased to…
No way out – why policy advice is futile, and what you should do instead
byFirst of all, apologies appear to be in order. Over the past six weeks, my commentary on the Schlichter Files was somewhat sporadic. I…