Europe once again stands at the edge of a technological revolution—this time, in quantum computing. Widely regarded as the next tech frontier, quantum promises capabilities far beyond today’s supercomputers, with…
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Prison cells are a fascinating economic laboratory, where for over a century thriving markets in goods, services, labor—and even money—have existed. Nowhere else do you find so many people craving…
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The United Kingdom as a sandbox for state-directed investment – with a major increase in ‘shadow debt’, and in the ‘shadow taxation’ required to service that debt
by Bob Lyddonby Bob LyddonWe are delighted to publish this new report by our regular contributor, Bob Lyddon. It is about the plans of the UK government to launch a decade-long programme of ‘investment’…
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For centuries, Britain stood as a magnet for global wealth. London’s financial markets, trusted legal system, and cosmopolitan culture attracted the world’s wealthy, fueling investment, innovation, and growth. But that…
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Since returning to office in January 2025, President Donald Trump has made the Federal Reserve a central target of his presidency. At first, there were hints of serious reform, including…
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In 1825, the first public railway line from Stockton and Darlington in the UK was opened to traffic. For more than half a century, there was a vigorous development of…
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Taxpayers to be burdened with further obligations under a new way of creating public debt
by Bob Lyddonby Bob LyddonIntroduction Governments and other public sector entities have borrowed up to the limit of their debt capacity, and, in the EU, its supranational entities have run up debts themselves. Public…
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On July 4, 2025, President Trump signed the “One Big Beautiful Bill Act” (OBBBA) into law—a sweeping package of tax cuts and federal spending presented as a patriotic revival of…
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Upon returning to office in January 2025, President Donald J. Trump swiftly reignited his signature “America First” trade agenda. Central to this strategy was a sweeping overhaul of U.S. tariff…
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Introduction The European Commission recently kicked off the negotiation of the EU budget for the next budgetary period, called a Multiannual Financial Framework or ‘MFF’. The period is always seven…

