Sean Corrigan

Why, with interest rates historically low, are businesses not investing in the much predicted boom? Could it be business owners know more than the central bankers?

Three years into one of the most severe bear markets in history, the most striking feature of the typical economic discussion is the persistent state of denial about how perilous our situation truly is. Also notable is the unthinking promulgation of a species of economic fallacies which, though long since discredited, keep springing up like weeds to choke our reasoning about where we might go from here and, therefore, of how we should be preparing to act. Let us take a look at a few of the more important reasons.

Nor should we allow ourselves to be browbeaten by the IPCC carbophobes when they use dubious science and worse economics to make us believe that the entire planet is in imminent danger of a cataclysmic collapse unless we ordinary folk (though, naturally, not the cosseted members of the Green Sanhedrin itself) give up all hope of a better standard of living.