In recent years, government budgets, spring statements and spending reviews have tended to unravel within hours.| Consciousness of Sheep
In a country where people of a certain political persuasion whine endlessly about privilege, it is remarkable that they overlook the greatest privilege of all. This is the privilege conferred upon them by dint of having – or having unique access to – the world’s reserve currency. In the 1960s, Jacques Rueff, economic advisor to| Consciousness of Sheep
In the early-2010s there was a perverse repeat of the oil boom of the post-war years.| Consciousness of Sheep
It is insane to believe that a country which can neither make nor import steel can also be a world leader in constructing windfarms| Consciousness of Sheep
The obvious absence of an alternative to oil should have been a cause for concern from the outset.| Consciousness of Sheep