Time to Talk Tariffs

Trump’s tariffs are decried as protectionist madness, but the EU’s own tariffs escape scrutiny. As Brexit hits its five-year mark, it’s time to expose the double standards in trade policy—and ask who really pays the price.

2 Feb 2025 11:15 +0000 · 7 min · NeilW

A Framework for a Basic Bank

In analysis, it’s helpful to simplify and focus on the core elements of a system. Today, we will identify the essential processes and structures required to create a functional bank, accompanied by diagrams to illustrate these key processes.

26 Jan 2025 08:35 +0000 · 5 min · NeilW

The Reserve Requirements Fad: A Solution in Search of a Problem

Reserve requirements are the latest economic fad, but do they actually solve anything? Let’s break down the myths and explains why the UK banking system is (slowly) returning to what worked for centuries.

19 Jan 2025 10:47 +0000 · 5 min · NeilW

Time for a Debt Management Review

If we’re going to have government debt, then it’s time to retire Thatcher-era monetarism and adopt a modern, cost-efficient approach to its management.

12 Jan 2025 12:38 +0000 · 4 min · NeilW

The Limits of Taxation

Understanding the Physical and Social Constraints of the Public Sector

5 Jan 2025 09:56 +0000 · 3 min · NeilW

Sluggish Economies Need More Spending, Not Less

Stop stalling: why bold public investment, not austerity, is the key to economic recovery

29 Dec 2024 08:44 +0000 · 4 min · NeilW

It's a Wonderful Life

George Bailey saves Bedford Falls—again! This blog reimagines the bank run with a deeper dive into the monetary system, as George uses his newfound financial savvy to outwit Mr. Potter, keep the town afloat, and still make it to his honeymoon.

23 Dec 2024 13:51 +0000 · 10 min · NeilW

The Tyranny Of The Myths

Uncover the myths holding back our economy and explore a bold vision: jobs for all, zero interest rates, and a system designed to serve the many—not the few

15 Dec 2024 09:57 +0000 · 5 min · NeilW

When Does 'Bad' Money Become 'Good' Bonds?

Why is printing money reckless, but issuing bonds prudent? Both rely on government-created money, yet bonds are respected while monetary financing is demonised. Is it logic—or just tradition—driving this narrative?

8 Dec 2024 11:16 +0000 · 5 min · NeilW

Euthanise the Bond Market: Why It's Time to End the Reign of the Money Changers

The UK gilt market turmoil exposes the bond market as an outdated relic. Far from enforcing fiscal discipline, it serves no public purpose. It’s time to modernise public finance and end the myth of ‘bond vigilantes’.

1 Dec 2024 11:10 +0000 · 4 min · NeilW