Earlier this month inflation hit 3.2%, up from 2.1% in the 12 months to July. The jump is the largest … Continue reading “Lessons from Ancient Rome about the perils of quantitative easing”

Imagine that the government could simply print whatever money it needs to guarantee everyone a decent income, fantastic public services, … Continue reading “Beware the siren call of Modern Monetary Theory”

Money printing could “send prices soaring,” writes The Times’ Economics Editor Philip Aldrick. Citing the IEA’s new briefing paper – … Continue reading “Central banks could be sowing the seeds for double-digit inflation”

The Rt Hon Dr Liam Fox MP, former Secretary of State for Defence, spoke at the IEA on The Road to … Continue reading “Rt Hon Liam Fox on Honest Money”

In recent months the global elite, including the Catholic head of the Bank of England Mark Carney, have joined Pope … Continue reading “Oxfam’s figures are as meaningless as its extrapolations are misleading”

The allure of minimum wage laws arises once more in both the UK and the US. While Chancellor Osborne has … Continue reading “Raising the minimum wage while debasing the currency: an illogical economic policy?”

Money in the form of coin, banknotes or numbers on a computer screen, represents a claim on goods and services. … Continue reading “Should currency be denominated in kilowatt hours?”

Readers of the Telegraph blogs may have been intrigued by the title of a recent essay by Jeremy Warner, ‘Currency … Continue reading “The inexorable lessons of currency debasement”

If you look at UK inflation over the last few centuries, you are immediately struck by the change that occurred … Continue reading “Inflation is still a major problem”