Growth through credit expansion – a recipe for disaster
Politicians and business leaders love cheap credit: low interest rates create a temporary boom. But when driven by credit creation not real saving, the outcome is necessarily a bust.
https://open.substack.com/pub/fightingforafreefuture/p/growth-through-credit-expansion-a
💡Here’s one to revise and update and translate to TikTok,
https://mises.org/library/book/anti-capitalistic-mentality
📣Finally, the PM announces an inquiry into grooming gangs.
On immigration, integration and social cohesion
Why we are Fighting for a Free Future
On elite failure, groupthink and the need for a paradigm shift in political and intellectual life
https://fightingforafreefuture.substack.com/p/why-we-are-fighting-for-a-free-future
Brexit is no longer done. Alas.
Starmer's EU "reset" is worse than I thought. Unwinding it will be no-deal Brexit drama all over again.
https://fightingforafreefuture.substack.com/p/brexit-is-no-longer-done-alas
Starmer’s EU reset: liberty bound by the EU
Leaving the EU meant exiting its political and legal jurisdiction – of course. Starmer now looks set to bind us as a partial rule taker. Northern Ireland's Unionists must beware of supporting him.
https://fightingforafreefuture.substack.com/p/starmers-eu-reset-liberty-bound-by
🙋♀️I was asked last night at an event why I raise climate scenarios.
😡It’s because they are wrong and dramatically mislead policy makers…
💡Via Roger Pielke Jr
📣What a great day to be refreshing my memory of public choice theory via the primer from the IEA - see the final paragraph
🗽Essential reading
https://iea.org.uk/publications/research/public-choice-a-primer
🤖 Tracking strings detected and removed!
🔗 Clean URL(s):
https://open.substack.com/pub/fightingforafreefuture/p/money-needs-reform
❌ Removed parts:
?r=2lrt4a&utm_medium=ios
I quite like having statistics though.
Reform are today enjoying a massive win as voters lose faith in both main parties. This could be seen coming in the aftermath of the Global Financial Crisis: money needs reform.
https://open.substack.com/pub/fightingforafreefuture/p/money-needs-reform?r=2lrt4a&utm_medium=ios
Happy Easter!
🤷🏻♂️Plus ça change, plus c'est la même chose.
🗽Yes, that’s right: Book Club tomorrow, reading Bastiat.
https://mises.org/library/book/bastiat-collection
😡I was a pariah when I launched the #CostOfNetZero campaign
🤔Today The Times says energy costs have “crippled energy-intensive manufacturers”
📣I’m going to keep saying it: #IToldYouSo
🏪A superb ePOS terminal from Musqet at CheatCode, with seamless Bitcoin integration alongside other payment methods. Outstanding 🏆
https://musqet.tech/in-store-payments/
Barriers to US exports made Trump's tariff policy inevitable when he was re-elected and, by any reading of his former US Trade Representative Robert Lighthizer, this policy was easy to foresee.
Now we are stuck with it, we have to hope those who govern us will react appropriately. If so, Trump may have rescued free trade.
–
Tariffs are terrible – but Trump may save free trade
In politics, asking nicely for sound policy based on high principle does not work. Alas. Trump's policy is massively disruptive and potentially hugely damaging: how could good come of it?
https://fightingforafreefuture.substack.com/p/tariffs-are-terrible-but-trump-may
😡People can be extremely hostile when they disagree.
💡That’s why I’m so excited about Professor Paul Dolan’s new book “Beliefism: How to stop hating the people we disagree with”
https://video.nostr.build/8cf3781b6e1230ca9ce1c531f72ba9552bae9b4b20beeee6ac5f76037bb059fa.mp4
Extract from a forthcoming paper:
—
A life well-lived
For those of us who believe life has purpose higher than mere existence, it seems indisputable that liberty is not some optional accessory; it is the cornerstone on which rests our safety and security, our identity and morality, our relationships, our prosperity and our fulfilment. Whether elaborating natural rights, rebelling against tyranny or making a utilitarian case for prosperity, the classical liberal and conservative tradition holds that each individual must be free to think, speak, act and innovate - provided they do not infringe upon the same freedom of others.
This balance of universal and reciprocal rights and responsibilities under a stable rule of law fosters societies in which virtue can thrive, economic opportunity can flourish and individuals can pursue happiness in ways that are meaningful to them.
In such an environment, we find not the chaos of unbridled license, but the promise of cooperation and the dignity of moral choice - proving once again that liberty is both a moral necessity and a practical framework for enduring human progress.
