Author: theaustrianway

The Austrian Way: Poll results to shock you into action

Crazies like us Bogpaper-liberty-obsessives might have worried for a while about the widespread beliefs across our nation that more of the State is the solution to society and the economy’s problems. Five years on from the Credit Crunch, amidst high energy prices and continuing dissatisfaction, we’ve just had some shocking evidence delivered to us about

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The Austrian Way: The matter of high energy prices

Energy companies in the UK have just been putting through their latest ‘evil’ price hikes, causing the most almighty furore. The carry on has been so enormous, you’d think some ethnic cleansing or the like had being going on. What is most painful about this whole episode – for us soon-to-be-institutionalised-Bogpaperites at least – is

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The Austrian Way: The epic battle between the internet and fiat

As Austro-libertarian nut-jobs we at Bogpaper salivate like dogs in a butcher’s shop when we see new forms of money emerging in the market for our savings and capital. Obviously we’re untrusting of state imposed monetary systems and think legal tenders laws are ridiculous. We don’t think monetary affairs can be run well when they’re

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The Austrian Way: Here comes the next regulatory cock up

These last few years have seen the rapid rise of a welcome new sector in the economy – tech finance – full of exciting new business models, platforms and ideas. Entrepreneurs have been leaving other parts of the economy, seeking to harness these new technologies to provide us with new or improved services, often trying

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The Austrian Way: How investment banks took over the world

I’ve been writing recently about the great deformation in finance and economics caused by corrupting money itself and a range of smaller deformations that come result from it. So, without further ado, let’s look down into a festering fold within this giant fiat money distortion and see how investment banks grew from insignificant little white

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The Austrian Way: How the Fed turned us all into traders?

In last week’s vent I mentioned how bubble finance and the deformations in capital markets had ‘fucked us up proper like’ as the lovely Cheryl Cole would say, if she was interested in economics as some of are. (We can only but dream). How did we get here you might say? Well in my mind

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Rocco: Adam, Eve and a very private cave.

Last week I got involved in a friendly dispute with a comrade here at Bogpaper Towers, techno whizz James Eadon. [In the comments for James’ “Email sent. You have been crypto shafted” if you’re interested.] It was over the nature of privacy, or rather, whether such a thing as a Right to Privacy exists. As

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Delingpole on Friday: Ed Miliband’s willy on the Facebook? We should be so lucky….

When is it acceptable for an ex-deputy mayor of London to take selfies of his penis and post them on the internet? My answer: “almost always.” Though I’m by no means an expert on the penis in question – the images were tastefully pixelated on the reproductions I saw – I’m fully prepared to give

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The Austrian Way: How the economy could be so much better

There are many great deformations in our economy today, ranging from over-grown finance, real-estate and insurance sectors to other smaller scale, less obvious perversions. The deformation to be chewed over today is the speculative financial part of economy. It’s not that I’m some anti-capitalist, soft-headed socialist, I feel this way because this sector results in

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The Austrian Way: Is this the best account of the financial mess we’re in?

Many of us here at Bogpaper towers and many of you good readers have arrived at a (hopefully considered) structurally bearish view of the financial system after years of thinking, reading and enquiry. We know it’s all about money and banking and that today’s greatest ever experiment in fiat money, hyperactive central banking and state

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