This article was first published on the Institute of Economic Affairs Substack. Wherever Central Bank Digital Currencies (CBDCs) have been attempted, … Continue reading “Quick Read: How popular are central bank digital currencies?”

When the status quo is failing badly, policy reformers must think ‘outside the box’ if they are to make major … Continue reading “A radical alternative to central banking”

As the UK economy enters the COVID-19 downturn, the Bank of England (BoE) continues to maintain that the UK banks … Continue reading “To make banks strong, do away with the regulator”

The last few years have witnessed ongoing controversy over proposals to abolish cash. The War on Cash is being promoted … Continue reading “We mustn’t lose the War on Cash”

My report A Trade Policy for a Brexited Britain, published by the Institute of Economic Affairs last month, had a short section on EU … Continue reading “The EU’s thousands of senseless tariffs punish the poor”

Summary:  The primary objective of trade policy should be to promote the interests of UK consumers, not producers. The UK’s … Continue reading “A Trade Policy for a Brexited Britain”

It is sometimes claimed that helicopter money (HM) is “free” money but it is not. In this posting I would … Continue reading “There ain’t no such thing as “free” helicopter money”

Amongst all the extraordinary nonsense spouted in the Brexit debate, on both sides, arguably the most infamous are the recent … Continue reading “The Treasury’s Brexit reports lack credibility”

I would like to thank the IEA for today publishing my monograph, New Private Monies, which examines three contemporary cases … Continue reading “New private monies can outcompete government monetary systems”