John Blundell (1952-2014) was a very critical individual in the world-wide advance of classical liberal ideas in the 1980s and beyond. As a young student in the UK, John played an instrumental role in spreading the ideas of the Austrian School of Economics among college and university students. In his 30s who would assume a leadership role in the US in organizations such as the Institute for Humane Studies, and the Atlas Economic Research Foundation. And in the 1990s and 2000s, John would return to the UK and serve as the General Director of the Institute for Economic Affairs. Along the way, he published a book on Margaret Thatcher, and a book on the important contributions of “Ladies of Liberty”.
It is with great sorrow we hear that one of the greatest minds in human history died this weekend in a car crash with his wife while they were returning home from an airport. John Forbes Nash Jr., was widely known as one of the founders of cooperative game theory whose life story was captured by the 2001 film “A Beautiful Mind”, is truly one of the greatest mathematicians of all time. His contributions in the field of game theory revolutionized the way we think about economics today, in addition to a whole number of fields – from evolutionary biology to mathematics, computer science to political science.
Students of the Financial Conduct Authority will appreciate the FCA’s Business Plan 2015/16 which mostly sets out what it does, but also touches on what it achieves and its value for UK citizens. It is as close to accountability as the FCA gets.
Recently I’ve been looking through some of the articles I’ve written about QE over the last few years. I spent much of the post financial crisis period learning about monetary theory and wondered about the extent to which this was reflected in my commentary. I feel that my understanding has increased significantly, and so I should reassess my previous claims. (more…)
The Labour Party is in disarray, and looking for a new leader. But being the official opposition party is an important duty, and can change the terms of the political debate. Here are the policy issues the party should concentrate on if it wants to make an impact in opposition, and eventually restore its electoral prospects. (more…)