Sunak’s Real Problem
Most of us can see a problem emerging for the Chancellor of the Exchequer. Coronavirus has led to the excess expenditure of some £400 billion to keep the normal economy afloat. It is not over yet…
Economics
3 pieces filed under Economics.
2020
2017
Wrong and why it was – The Coming UK Economic Crisis.
Review. This analysis, or alanysis, has proved wrong and I need to apologise that it was so, and also try to assess why. So, first the apology. I am sorry for a prediction that proved false and I…
2015
Money Creation, Credit Seigniorage, Vanishing Money and the Banking Crises
email comments to alan@storkey.com. Any reasonable use may be made of all or parts of this paper. This version: 05/11/2011, early versions 2008-9. Summary. As a series of severe banking crises occur…