CEME was delighted to host a Zoom event on the highly topical issue of Inflation in the UK. Sir Robert Chote (Chairman of the Office for Budget Responsibility, 2010-20) participated alongside Lord Griffiths to the discussion. The full title of the event was “How Serious is the Return of Inflation?”, and took place on Thursday […]
“Free Trade Under Fire” by Douglas A. Irwin is, as the title suggests, a book on the debate and defence of international trade. It covers a wide spectrum of (sometimes sensitive) issues on the subject. From national sovereignty and trade policies, to popular misconceptions about trade, the book tackles each argument with considerable depth […]
CEME held an event on “The Social Licence for Financial Markets – Reaching for the End and Why it Counts”, which took place on Wednesday, 24th February 2021. Financial markets depend on trust, including the trust of the society in which markets operate. Our main guest speaker was David Rouch followed by a response […]
Steve Morris continues his series on lost management gurus It is 1969 and campuses in the US are alive with revolt and turmoil. The anti-Vietnam protests are getting serious and America looks like it might fracture. It was time for a little-known educator, born in 1904 in Terre Haute, Indiana, to propose a way of […]
On the surface, one of the few bright spots of the second quarter of this year was a sharp rise in the UK’s savings ratio. But though an increase of 29% sounds like good news, in reality it’s quite the opposite. More than anything, the surge in saving signals an economy in deadlock. Rather than […]
Steve Morris continues his series on lost management gurus There is something infinitely sad that the great classic books of the late John Harvey-Jones are now available for one penny on Amazon. Indeed, every book Harvey-Jones ever wrote is out of print. Harvey Jones has been written out of history and a voice that was […]
Last August, in The Spectre of Inflation, I argued that the remarkable stability of prices in the past 25 years was due to central banks having operational independence and conducting monetary policy with a fixed inflation target of two per cent. While respondents and others put forward a variety of views, all recognised that a surprise […]
JP Taylor wrote in his Oxford History of England: “Until August 1914 a sensible, law-abiding Englishman could pass through life and hardly notice the existence of the state beyond the post office and the policeman…He could travel abroad or leave his country forever without a passport or any sort of official permission. He could exchange […]
The Centre for Enterprise, Markets and Ethics (CEME) is pleased to announce the publication of The Social & Economic Teaching of the Hebrew Scriptures, edited by Richard Turnbull. A PDF copy can be found here. The publication can also be purchased in paperback by contacting CEME’s offices via email at: office@theceme.org […]
This was first published in The Article. Brian Griffiths’s recent article The Spectre of Inflation examined the nation’s record on controlling inflation, and also the dangers of returning inflation. This is, at least in part, driven by the staggering increase in public spending as well as the UK’s money supply growth since lockdown. While most analysts do […]
This article was first published in The Article on August 5th 2020. The Great Moderation For the past 27 years UK governments of all political persuasions have targeted a rate of inflation of 2 per cent as the principal objective of monetary policy. The Bank of England is charged with the implementation of policy and to ensure […]
