The new issue of Standpoint carries an interesting article from Robin Harris – director of the Conservative Research Department from 1985 to 1988 and member of Margaret Thatcher’s Policy Unit from 1989 to 1990 – on the subject of pension reform in Britain. Whoa, don’t all rush for the exit at the same time; this is worth your time – an interesting examination of the tensions that can crop up between free-market capitalism and conservatism.
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The deflation bogeyman

May 17, 2014

 

Peter Schiff and Nouriel Roubini, two of the original “Doctor Dooms”, go at it hammer and tongs in the video above, in a discussion on the state of the US economy and the perennial inflation versus deflation debate. Not much love lost between them, though they keep the discussion civil.

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The French economist Thomas Piketty is being referenced a lot at the moment. In case you don’t know, Piketty has written a book called Capital in the Twenty-First Century – the title deliberately Marxist in tone – about the problem of growing inequality, and how capital’s ever-greater share of the world’s riches is leading us towards a system where inherited wealth is central to one’s personal fortunes (or otherwise).

 

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