Economics on the web (7.8.09)

●  Tim Congdon analyses Britain’s public debt crisis


●  George Selgin suggests the US economy would be better off without the Federal Reserve


●  Oliver Hartwich bemoans the lack of ideology in modern politics


●  Samuel Gregg on rethinking economics in the post-crisis world


●  Philip Booth examines development aid and the papal encyclical


●  John Blundell argues against government subsidies for the arts


●  Patrick Basham and John Luik explain why banning alcohol ads won’t cure alcoholism

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