There is a very interesting post here from Stumbling and Mumbling about the mutual dependence of big capital and the big state, and by and large he is right. I think he understates the interlocking of big capital and the big state, and the extent to which the modern state is simpky a tool of [...]

The British economy is in dire straits, which look set to result in a permanent downward shift in our comparative position in the world. The five year growth forecasts from the Office for Budget Responsibility forecast that in the best year of the coming half decade, growth will peak at just under the average growth [...]

The Obama administration has, rightly, been paying at least lip service to the primary of international law in the limitation of military action in Libya to conform with the provisions of SCR 1973. Here is a still more fundamental piece of international law – the Universal Declaration of Human Rights, adopted by the General Assembly [...]

There is no correlation between high public spending and social and economic equality. I favour much greater redistribution of both income and capital than allowed by the current political consensus in the UK. But I also favour much greater cuts in public spending – perhaps four times greater, over a decade – than Osborne just [...]

I just went to see my doctor for a renewal of my omeprazole prescription. For ten years I have been taking 80mg per day, for hiatus hernia. That is two packets of 7 x 40mg per week. The doctor called up the prescription on her screen and it showed £15.50 per packet charge to her [...]

I am entirely in favour of civil service redundancies, and even more of local authority redundancies. We have a crazy economy, heavily dependent on vastly over-rewarded people who perform useless financial casino services for much of the world. The taxation this brings in goes to fund many more people who fill in forms all day [...]