Steve Baker is Conservative MP for Wycombe following his election in May 2010. He is a director and co-founder of The Cobden Centre, an …
Understanding Money & Debt
What is Money
Wikipedia’s definition of Money[i] Money is any object that is generally accepted as payment for goods and services and repayment of debts …
15 Things They Don't Tell You About Money
Inspired by Ha Joon Chang’s 23 Things They Didn’t Tell You About Capitalism (2010) (where you learn for example that the Nobel Prize for …
Monetary Reform Myths #1 – The 10% Reserve Rule
This blog is part of a series on the veracity of various bits of information floating around the topic of Monetary Reform.... Update: This …
The Confidence Trick
Modern banking is based on a confidence trick. The confidence trick is known today as fractional reserve banking. The original confidence …
LSE Lecture on Fractional Reserve Banking
Date: Thursday 28 October 2010 Time: 6.30-8pm Venue: Sheikh Zayed Theatre, New Academic Building Speaker: Professor Jesús Huerta de …