Are the old robbing the young?

Older people are richer than younger people. This is not big news – the former have had longer than the… Read more »

Financial repression

Is financial repression as bad as it sounds? The best answer to that is: no, but only just. Carmen Reinhart, writing… Read more »

Steve Baker MP: Bailouts are a dead end but bilateral debt cancellation could transform the European crisis

Last time the Commons debated financial stability in Europe, I quoted that great French liberal political economist Bastiat; in his essay,… Read more »