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Deniers at large!

Giving the lie once more to the canard that ALL scientists (at least, all those not in the pay of Big Oil) share the IPCC orthodoxy, here is a very impressive review of the case for a solar...

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Food for Thought

The following thoughts on the current economic and financial environment formed part of a recent commentary sent to our firm’s clients. Users of the blog may find them of general interest. In the...

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From Bust to Boom

Seventy-odd years ago, Patrick Barrington penned a humorous debunking of Keynesian mythology (presumably while the General Theory was still being given its final polish). Today, at the tail end of one...

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Contra the contrarians

A recent article suggested that the ‘doomsayers’ were wrong to argue that the US trade deficit was not sustainable since there was no evidence that it was not being used to increase the wealth of the...

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Contra the contrarians II

NB we can perform a similar exercise for the 51st state, dear old Gulag UK, too Download file

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Credit crunch + Market Rout = Central bank intervention

The turmoil in financial markets is eliciting the usual response from the central bankers, all up there in their Hueys, ‘Die Walkuere’ blasting out of their beat boxes. But the fixation on the...

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Moral Hazard? Yes. Weimar? Not yet.

A little clarification of the confusion surrounding the recent massive central bank intervention in the markets might be in order. Yes, multi-billion cash injections have been taking place: no, this...

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ABCT and ‘Bureaucracy’ in China

In their eagerness to keep the pot boiling somehow, somewhere, many finanical pundits are spinning the line that Emerging Markets now offer a form of ‘safe haven’ from the problems affecting Western...

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Malthus and Mein Kampf come to Cork

For those who like their environmental gloom’n'doom spread with a thick dollop of Utopian totalitarianism and garnished with a slice of Galtonian pseudo-science, the Association for the Study of Peak...

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Good diagnosis, but quack medicine

In testimony before the House Committee on Financial Services, Robert Kuttner of the American Prospect, delivered a searing Philippic on the topic of the current excesses. Like many from his part of...

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The Whine of the Ancient Marriner

For a wholly unabashed defence of full-blown Collectivism, the speech reproduced under the title ‘Modern Governments Must’ in American Affairs takes some beating, incorporating, as it does, every...

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GG on Capital

Sorry to revisit the same topic so shortly, but in that same AA edition cited in my previous post, I simply cannot praise Garrett’s piece, entitled ‘Mythologies of Reconversion’, enough. This is not...

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Carbophobic socialism rules OK!

Unsurprisingly, the latest missive from the Doomsday cult of tax-exempt Phyllakes plays up the supposed horrors of ‘climate change’ for all it’s worth, before strongly recommending that we ‘Rich’...

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IMF explicit about carbosocialism

In a recent press briefing given by him and his colleagues, the Deputy MD of the mission-starved IMF was positively drooling over the prospect that the next round of Climate-camouflaged tax transfers...

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Heroic opposition to the Bali-hoo on AGW

With UN chief panjandrum Ban-ki (Barking at the) Moon threatening members of his audience with the prospect of ‘oblivion’ if they did not willingly place the noose of forced CO2 reductions around their...

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Better stay in Bali, boys, it’s cold up here!

As Northern Hemisphere snow cover exceeds the 10-year seasonal average, another backlash against the Carbocollectivists’ claims of consensus has been compiled, featuring more than 400 scientists, not...

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2007 in song:The Ballad of Alpha, the Bull’s Bull, All Geared

With regards to the great Irish songwriter Percy French for his comic ditty (tune here) which originally concerned the conflict between the Tsar and the Ottomans – and familiar to all true rugby fans...

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Ben Bernanke as Solon

With his latest, rather forlorn call for banks to help solve the mortgage crisis by ‘forgiving’ just enough of their loans to keep people’s inability to service their full contractual obligations from...

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Cincinnatus redux?

The extraordinary powers which that champion of Corporativisimo, Hank Paulson, would like to arrogate to himself sparked the following comparison:- ‘Dictatorem(que) dici placeret qui rem perculsam...

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Overegging the Pudding

In his latest piece, Frank Shostak approvingly quoted Jeff Tucker’s earlier rhapsody as follows:- But as wonderful as the daily shifts and movements are, what really inspires are the massive acts of...

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