Tim Congdon
11 January 2016

The Great Recession is now being mentioned in the past tense, which is progress of a kind. During its course critics of capitalism directed their polemics particularly against the US, long seen as...
Mikko Arevuo
5 March 2015

Conventional economics has it that businesses adjust their investment spending decisions according to changes in the cost of capital.  At low interest rates, more investment projects are...
Steven Kates
17 November 2014

In my view, Say’s Law may be the single most important principle in economics. But it is a principle that was deliberately eliminated from within mainstream economic theory by John Maynard...
Steven Kates
8 October 2014

The text of the first edition of Free Market Economics: An Introduction for the General Reader was written in a kind of white heat over twelve weeks during the first months of the worldwide...
Roger Koppl
15 August 2014

The recent economic crisis has destroyed some of the supposed ‘certainties’ of economic theory and policy. Both are in question as we try to understand the Great Recession and the long...
Ryan Bourne
4 February 2014
1 comment

Over the past three years, the debate over the coalition’s deficit reduction plan and the sluggishness of the subsequent recovery has dominated the agenda. On almost all sides, this debate has...
Steve Davies
3 January 2012

  A lot of people are looking to economic history for help in understanding the current economic situation. Most attention is being paid to the Great Depression of the 1930s, with a slew of...
Philip Booth
6 December 2011
1 comment

Thirty years ago, the economics profession was dominated by naive Keynesians. The author of the standard textbook at the time, used by the majority of A-level students and first-year undergraduates...