Friday 29 January 2010

Fear The Boom And Bust

A rap duel between the spirits of the great economist Hayek and the idiot Keynes. Keynesian economics is what governments have tended to follow for the last few decades - characterised by frequent government interventions, bailouts, artificially low interest rates, inflation etc. Hence the current economic situation. It didn't make any sense to me when I was studying O Level Economics, and it still doesn't.


Sunday 3 January 2010

New Year, New Blog

Hi, Citizen Stuart here. I'm a Libertarian (card-carrying, literally) living in Manchester, in the North of England. Some of you may have been readers of a previous blog of mine called "Everything I Say is Right". I abandoned that for several reasons last year. The first and most important reason was bereavement, I just didn't have the heart to carry on. Second, my old computer packed in and the employment situation was patchy, so I didn't have any regular internet access for several months. Third, it turns out not everything I say is right after all (only most things).

I'm back now, thanks to Ebay. I bought a second-hand computer for £31, including shipping - it's not as fast as I'd like but I can't argue that it's bad value, even if it brakes down in six months. I love capitalism.

I hope to be blogging fairly regularly from now on, with my thoughts on the pretty messed up political situation in this country.

By the way, you may be curious about the title of this blog. It comes from the following very wise saying:

Give a man a fish and you feed him for a day.

The next day he's hungry again and you're poorer by the price of a fish.

Give him a fishing rod and you feed him for life, but you're poorer by the price of a fishing rod.

Sell him a fishing rod and you've both made a profit.