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Failed Keynesianism caused the economic crisis

He argues that what went wrong during the financial crisis is perfect proof of why Keynesian demand management of the economy doesn't work. 

You can read the full article on Telegraph.co.uk here.

Summary

Tim Worstall writes on Telegraph.co.uk on why failed Keynesianism and its misreading of economics is to blame for the financial crisis. 

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Government must stop meddling and leave pay decisions to shareholders

Elaine argues that demands for government intervention to limit executive pay are misguided. The WPP vote against Sir Martin Sorrell’s pay and other AGMs this spring has shown that shareholders can act – corporate governance is their responsibility. The only way that governments can improve corporate governance is by removing obstacles to shareholder action.

You can read the article in full on CityAM here.

Summary

Dr Elaine Sternberg writes in City AM on her latest report for the Adam Smith Institute. She argues that government are wrong to try to limit executive pay and should focus on maximising shareholder's freedom to govern their own corporations in their own ways. 

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Time to end the age of malinvestment

Read the article at Spectator.co.uk here.

 

 

Summary

Dr Eamonn Butler writes in The Spectator Coffee House on Osborne's plans to offer £140bn to banks to lend money to firms and households. He argues the cure is the problem. The problem was cheap credit that caused huge malinvestment over many years. 

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Trade negotiations are utterly pointless – we should declare free trade unilaterally

He argues in his blog that trade negotiations are pointless and that politicians don't realise that the point of trade is imports. Instead of arguing about the complications of trade barriers and negotiations we should be declaring global free trade. 

Read the article in full on Telegraph.co.uk here

Summary

ASI Senior Fellow Tim Worstall argues in Telegraph.co.uk that we should declare free trade unilaterally, rather than put up barriers to imports.

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Opportunity to build 'bonfire of restrictions'

With greater economic freedom, Scotland could again be a jewel of the North, writes Madsen Pirie.

You can read the article in The Scotsman here

Summary

Dr Madsen Pirie writes in The Scotsman about the possibilty of an independent free-market Scotland. 

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