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Posts Tagged ‘ Idiocy ’

The Austerity Curve…

The Austerity Curve…

Even for the Left this is moronic… Might it then be the case that something like a Laffer Curve exists for austerity? That is to say that cutting government spending up to a certain point leads to lower deficits but beyond a certain point, the impact of lower growth and higher unemployment means that...
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Idiocy as Standard

I swear reading the Evening Standard is bad for my digestion. Case in point, a piece in Friday’s business section by Anthony Hilton entitled ‘What Banks is need is Nationalisation” which caused my jaw to hit the floor. the public interest demands that someone performs the basic banking function. That requires capital and if it...
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