by Josh Lauson Ascough | Jan 11, 2023 | Economics
No Clear Nor Close Target Price stability and a positive rate of inflation should not be the aims of a monetary authority, as such policies tend to create severe financial instability. Prices should fluctuate to reflect the productivity of individual industries and...
by Josh Lauson Ascough | Aug 13, 2022 | Economics
Monetary Policy and Environmental Progress Why Bad Money Drives Up Pollution Many people are growing concerned about pollution and its growing effects on our environment and quality of life. So much so it seems, that politicians are now taking nuclear power much more...
by Josh Lauson Ascough | Aug 5, 2022 | Economics
What the Monetary Authorities Should Do With CPI hitting a 40 year high of 9.1%, the Bank of England has responded by raising interest rates to 1.25%; up by 0.25 from the previous period. This, alongside ex chancellor and PM hopeful Rishi Sunak planning to ‘tackle...
by Josh Lauson Ascough | Apr 13, 2022 | Economics
Fuel shortages are different to inflation Inflation is here, but there’s also a shortage game in town. In almost all mainstream economics textbooks, when the subject of inflation is reached, the standard definition is that inflation is a general increase in the price...
by Josh Lauson Ascough | Jul 27, 2021 | Economics
The Anti-Free Trade Position Returns Protectionism, Mercantilism, and the Denial of Consumer Sovereignty On the 21st June, 2021, Labour MP Emily Thornberry appeared on BBC radio 4, insisting that the government must cease the lifting of protections in place for...
