Is the developed world merely illiquid or actually insolvent?
All told, the indebtedness of the US is around 300 percent of GDP and for Britain the figure is close to a staggering 500 percent of GDP. Are these countries merely illiquid or are they actually insolvent?
- 14 August 2012Boris zoinks off the Geiger counter of popularity, sure – but not because he’s a pragmatist
Being naturally skeptical of the state is a crucial conservative tradition that must be upheld
- 30 July 2012Trust the market: government underspends mean we can afford tax rebates
Government spending is taxation, and government spending is not the be all and end all of growth promotion.
- 23 July 2012Liberation Day for the Falklands - but how can we help liberate Argentina?
Argentina is being held hostage by a swivel-eyed, megalomaniacal leader. To help the country, we must hold her to account
- 14 June 2012Instant view: Eurozone on verge of renewed crisis as Spain debt yields soar towards unsustainable levels
Greece, Ireland and Portugal all needed bailouts after debt yields crossed the 7 percent barrier
- 14 June 2012Sign the petition: Stop British funding to Argentina
The British government must reclaim its portion of Argentinian aid money - you can help here
- 8 June 2012Paul Ryan's 40 year detox: America can't rely on China
Amidst the hyperbole, the bigger picture of America's debt crisis is being missed. Funnily enough, it involves China quite a bit.
- 27 March 2012BBC misrepresents National Social Survey
The BBC’s coverage of the National Social Survey shows the BBC at its very worst.
- 7 December 2011The EU is an economic train crash we're watching in slow motion
It's virtually impossible to get robust economic performance with a bloated public sector and populations that have been infantilized by government dependency, says Cato's Dan Mitchell
- 26 November 2011Standard and Poor’s vindicates Tea Party with downgrade of U.S. Debt.
While the Tea Party gets slated as a bunch of extremists, the truth is they're a legitimate mass movement. And they've just been proved right.
- 6 August 2011Why dysfunction is crucial to the workings of the American republic
While some democrats in congress have urged Obama to evoke the 14th Amendment, it is clear that checks and balances retain the constitution's position as the only winner in the debt ceiling debate.
- 1 August 20110.2% growth is cause for celebration!
With a protracted period of 'payback' underway - we shouldn't be fooled into thinking that the small growth in the economy was avoidable.
- 27 July 2011The lies of the European Union
Greece has been bailed out, in the form of a partial default. But European leaders are again lying about what they are up to.
- 22 July 2011Goodbye to NASA’s Apollo Era
The new generation of youth in the United States will not miss the government space program. The age of Apollo is over.
- 21 July 2011Budget ceiling talks are reflecting badly on Republicans
Republicans must acknowledge that the budget talks are crucial to their electoral chance in 2012. It's time to address these concerns.
- 16 July 2011