by Matthew Bransgrove | Oct 12, 2015 | Business
Time and again we were asked when plants and companies closed, “where will the new jobs come from?” As the months went by, we could point to the expansion of self-employment and to industrial successes in aerospace, chemicals and North Sea oil. Increasingly we could...
by Matthew Bransgrove | Oct 12, 2015 | Business
The less a government interferes, the less it tries to thwart market forces, and the less it tries to smooth out the peaks and troughs of economic cycles, the more economic stability there will be. Recessions in one industry will be matched by booms in another....
by Matthew Bransgrove | Oct 12, 2015 | Business
Every privilege given to a company or industry is an act of plunder against the rest of society. Franklin Roosevelt’s National Recovery Administration and Mussolini’s fascist guilds both involved the government allying itself closely with industry in order to ‘reduce...
by Matthew Bransgrove | Oct 12, 2015 | Business
Where there is liberty, there are encouragements to labor, because people labor for themselves: and no one can take from them the acquisitions which they make by their labor. There will be the greatest numbers of people, because they find employment and protection;...
by Matthew Bransgrove | Oct 12, 2015 | Business
An economy will work best when it is built on a framework of clear and predictable rules on which individuals and companies can depend when making their own plans. —Margaret Thatcher. Speech to the Economic Club of New York, June 18, 1991. Economic cycles Economic...
by Matthew Bransgrove | Oct 12, 2015 | Business
The Government is completely discharged from a duty, in the attempting to perform which he must always be exposed to innumerable delusions, and for the proper performance of which no human wisdom or knowledge could ever be sufficient; the duty of superintending the...
