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Richard Wellings
3 November 2008
2 comments

According to official figures, almost two million people are now unemployed in the UK. That number is rising rapidly as the economy shrinks. This means extra expenditure on welfare benefits, putting...
Richard Wellings
24 October 2008
6 comments

Alistair Darling’s proposed spending spree on bringing forward major capital projects suggests the government is prepared to sacrifice the economy’s long-term interests for short-term...
Richard Wellings
16 October 2008
6 comments

Several bloggers, including Guido Fawkes, have rightly emphasised the relevance of Ludwig von Mises’ work to the current financial crisis. The writings of Mises’ pupil, Nobel...
Richard Wellings
9 October 2008
10 comments

The British government unwisely entered the current slowdown with a sizeable budget deficit. Recent bank bailouts are likely to push the national accounts further into the red and increased...
Richard Wellings
30 September 2008
comments

Environmental scares have a long history. At the end of the 18th century, Thomas Malthus predicted that rapid population growth would lead to war, pestilence and famine. Almost 200 years later, the...
Richard Wellings
9 September 2008
12 comments

The imposition of a windfall tax on energy companies is supported by a majority of the public and many politicians. Revenues would be used to support low-income households struggling to pay gas and...