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Col. Lawrence Wilkerson explains the danger of money printing when leaders don't know the consequences. 

Perhaps it’s something in the air, but this year has seen the emergence of a whole new genre of books, about tensions between the generations. At the start of the year David Willetts wrote The Pinch, which explores everything to do with the relationships between generations. He lectured at Policy Exchange this week, adding new ammunition to his argument that the baby boom generation have enjoyed a very good deal.
First-time buyers are suffering, and mortgage rule changes could lead to yet more misery, so perhaps it's time to consider the benefits of being a tenant, writes Laura Howard
An interview on Newsnight with Jeremy Paxman, Gillian Tette, Hugh Hendry and the economist Jeffrey Sachs.
If the claims of David Cameron and Nick Clegg are to be taken at face value, here in the UK we now live under a radical transforming government unprecedented in its progressive ambition. Of course, there is nothing in the coalition agreement to justify the hyperbole, but there may be a glimmer of hope.
With Britain’s £167bn ($257bn) budget deficit looming, tax is becoming a key election battleground. Businesspeople are rallying to the Conservatives after they pledged to cancel most of the government’s planned rise in national insurance contributions (NICs). Labour blasts that the Tories’ unfunded “tax cut” will have to be paid for through an “unfair” rise in VAT. Liberal Democrats concede that raising NICs would be damaging, but argue that a “credible” prospective government could not afford to reverse it. Are any of them right – or might there be better ways of raising revenue?

The Man with 900 Houses

Monday, 19 October 2009
Ross Ashcroft catches up with Britain's Buy to Let King Fergus Wilson.

A man who bizarrely seems to be totally in the dark to the underlying mechanisms that drive the property market.


The week the team are in Karachi, Pakistan.  Ross Ashcroft stops off to speak to the truck artists and finds out the secrets behind the paintings, words and sparkles of Pakistan's most colourful mode of transport.
Food for thought from an article by Damon Young, an Australian philosopher.  "Buying a home isn't necessarily touched by reverie - it's matter-of-fact, dull and sometimes brutal. Is this as good as our dreams get? Is this what we must settle for?"
Ross Ashcroft at the Renegade Economist goes to New York to hear Dr. Michael Hudson's views on the state of the US Economy.


Globally recognised expert in coaching and leadership Sir John Whitmore addresses the shift in thinking that is necessary around society's relationship with the economy  to create a sustainable future.  The short term thinking of politicians means the opportunity for change is currently being missed. 

The Renegade Economist has been sent some of the data behind the MP's expenses row.

Here is the spreadsheet for the 2007/8 claims -  interesting reading.

No-one at Renegade Economist HQ realised that it was so expensive to live in Falkirk - Scotland.

The power really has shifted - we the public now understand that politicians are a colossal distraction.

We must to take up the agenda - that's within the rules.

pdf Download the file here and give us your thoughts.
In all the newspaper articles, in all the radio programmes and TV shows now exposing our MP's expenses, and previously, our failed bankers' bonuses, two core issues have been strikingly missed. One is to question the suitability of the type of people currently in both those roles to be there at all. The other is to question the wisdom of desperately propping up a failing, obsolete and unsustainable world economic system.
Tony Beckwith, a Renegade Economist, reader sent us a link today and we were so shocked by the absolute inability of someone who is one of the most powerful people in US banking to explain the actions taken by the Federal Reserve.  

The 5th part in our series -  Michael Hudson discusses Public Enterprise.

Watch the video below... 
In the 4th part of our Michael Hudson series he explains the classical economic theory of rent and its modern day meaning.  A vital key to unlocking the understanding economic policy.

Watch the video below... 
In the second part of our Michael Hudson series we look at the current bailout plans and the consequence to the taxpayer.  Will it work?

The third instalment from Michael Husdon.
Following our Talk Show interview with renowned economist, Michael Hudson we are pleased to present an 8 part series of short interviews where Michael answers your questions and tackles key themes of today's economic climate.

Part 1 looks at the housing market.

The economic crisis has focussed many minds on immediate survival, ranging from individuals coping with redundancy, to governments propping up failed banks and car manufacturers. In a crisis humans tend to panic and regress into old thought patterns and old habits at the very time that long term whole system vision and breaking the mould is crucial. Short term remedies may provide temporary relief, but will only lead to greater repeat crises later for they just perpetuate the circumstances that created the problem in the first place.
Weekly conversation and questions to The Renegade Economist. Send your questions to: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
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