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Freedom and economic policy
From Rethinking British Decline, Macmillan, 1999
Economic liberalism and other forms of liberalism should be
tied together. You get, on the one hand, so-called liberals,
who are mostly interested in equality, and who do not see
that the liberty to change your money into a foreign
currency, to start a business, to go where you like, even to
determine how to spend your income, are important liberties.
On the other hand, you get so-called economic liberals, who
draw up tables of economic freedom, in which South East Asian
dictatorships become tolerable...more
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Unconventional wisdom
Samuel Brittan interviewed in Central Banking May 99
Ever since I can remember the American administration has been urging Europeans to boost demand.
This has been so whatever the party of the president and irrespective of who has been running the Treasury department. The Fed has sometimes been in on this game, but not always.
The danger is of the boy who cried wolf. When there really was a wolf nobody believed him...more
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