▷ New Group : Economics


 

Is gold a barbarous relic, and interest an invention of Satan? Why do economies fail? Why doesn’t regulation work? Is inflation theft? How does the Government keep the bailiffs at bay?
 
By means of research and discussion, members explore the many aspects of finance from global to personal, seeking facts and eschewing partisan opinion. We try to understand what money is, where economics came from, and why economic systems often do not work. We look at the history of financial crises and bubbles, whether they are inevitable, and the role of government. We peep into the future to see if interest rates will rise again and whether banks face creative destruction.

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