The ‘conventional’ view of globalisation and low tariffs, is an  assumptive model based on a Ricardian* view of trade and globalisation. However things are much less clear cut than conventional view admits. In the end, economic theory can prove nothing about whether free trade or some form of restricted trade is best from the point… Read More


Part of an ongoing “Economic Myths Debunked” series. I am going to be as brief as possible and use mostly diagrams. All data is from the Office of National Statistics, an independent body operating at arm’s length from Government as a non-ministerial department, directly accountable to Parliament. UK Balance of Payments under Labour The graph above shows that the… Read More


In my opinion, the Mac OS is astonishingly simple and easy to use and for most people the default file system setting is just fine, however there are files and folders that are hidden from view – and just as well for some users! Personally, I like to see all the files and folders, including the hidden ones.  There… Read More


Part of an ongoing “Economic Myths Debunked” series. Economics is often portrayed as being independent, devoid of value judgements, and immune to ethical or ideological influence. Over the past thirty years our politicians and policymakers, many economists in the media, and most economics textbooks have encouraged us, in the words of Harvard professor Dani Rodrik (2009),  “to think of economics… Read More