January 2017 - Emile Woolf writes

Correspondence (2014) with cousin-in-law on madness of money printing

Hi Donnie Krugman’s piece was obviously written as a reaction to the mid-term election result. It was not a sober or objective economic analysis. It is true that I consider Keynesian economics, in particular its belief in demand-management as a cure for stagnation, to be fundamentally flawed, and hence that the economics preached by neo-Keynesians […]

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I couldn’t have said this better myself [indeed I couldn’t have said this!!]. If the corruption in the system is so clear to a leading figure in the profession, why has the accountancy profession not taken steps to address the problems or put pressure on government to address it – or are they so deeply […]

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Economic Perspectives 9 – Regulatory extortion and legitimising corruption

News media gloat over the eye-watering levels of retribution (in the form of fines and penalties) finally being meted out to aberrant banks found guilty of having violated securities laws leading up to the last financial crash. I find it astonishing, firstly, that it has taken close to 10 years to identify, formulate and punish […]

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