Monthly Archives: May 2009

Any individual freedoms – even to own guns, and to trade freely – are in principle subcategories of libertarianism, by definition. But I think we all recognise that freedom is not so simple. If someone beats me up and takes … Continue reading →

Chávez’s attempts to manipulate the electoral system to stay in power are egregious, but the hysteria he generates amongst the free-marketeers is a little overwrought. He’s not Hitler or Stalin. He’s not even Bush. How many wars did he start? … Continue reading →

Much contemporary economics is underpinned by the ‘infallible market’ hypothesis. This hypothesis possesses an irrefutability rivaled only by religious convictions.

Rather than merely assuming that wage rises and labour regulations cause unemployment, as do many commentators, let’s look at the facts. Many comparative studies have been done on this subject;