Frank Lee The years since the 1970s are unprecedented in terms of their volatility in the price of commodities, currencies, real estate and stocks. There have been 4 waves...
Frank Lee Unquestionably, the world seems to be moving away from democratic forms of rule and morphing into authoritarian/totalitarian political and economic systems (liberal totalitarianism if you will). This...
Frank Lee FROM CLASSICAL LIBERALISM TO NEO-LIBERALISM The contemporary neo-liberal coalition consisting politically of a centre-left, centre, and centre-right – what we might call the neo-liberal blob – has...
Frank Lee CYCLES OF CAPITALIST ACCUMULATION A recession is defined in economics as two or more quarters of negative growth. A depression, on the other hand, comprises a sharp...
Frank Lee Such was the response to any of those who questioned what was happening to the animal revolution which had expropriated the farmer (Jones) and set up the...
Frank Lee During the early years of the Thatcher regime, Conservative MP, Sir Ian Gilmour, served as a member of the new Conservative government elected to power in 1979....
Frank Lee One of the unstated and extant features of the post-modern age has been the demise of the Westphalian Treaty. This arrangement had in times past regulated the...
Frank Lee The NATO build-up 2014: The expansion of NATO in the late 20th and early 21st centuries had posed a serious strategic threat to Russia’s security. In 1999...
Frank Lee “Aftermath” is the latest addition to three previous publications by Rickards, Currency Wars (2011), The Death of Money (2014), The Road to Ruin (2016). Together, with the...
Frank Lee Identity politics. Three Women MPs are attempting to form an emergency cabinet of women in order to reverse the Brexit vote. Please note that according to the...
Frank Lee We’ll start with the 10 per capita poorest countries in the whole of Europe. In rank order: Moldova – GDP US$2560 Ukraine – GDP US$3560 Kosovo –...
Frank Lee Delving back into the history of Economic Thought[1] perhaps the most important contributions were made by the British Classical tradition starting with Adam Smith (1723-1790) followed by David...
The Wheel of History Turns To understand the present, we must understand the past, and possibly the future direction of historical processes. Well where did it all begin? Well...
Frank Lee ‘We must sell more to strangers yearly than we consume of theirs in value’ Thomas Mun, 1571-1641, Director of the East India Company. Author of English Treasure...
Frank Lee The whole brouhaha around Brexit has amply demonstrated the under-hand tactics used by the losing side post-2016 referendum. There seems no dirty trick that the PTB and...
o, the ultimate question is, do Palestinians have the right to symbolically resist slow death punctuated by periodic massacres, or is it incumbent on them to lie down and...
Frank Lee The brewing conflict between the Russian Oligarchy and the Russian people is reaching a crisis point. The side that prevails will determine the future of Russia and...
It was Sir John Templeton, the American-born British investor, banker, fund manager, and philanthropist, who sardonically observed that in business and finance the expression ‘this time it’s different’ represented...
This book by Thomas Piketty was first published in 2014 and became an instant best seller. It had taken the author some 15 years to research and complete, and...
Frank Lee Pure economics is not a theory of real-world economics, of actually-existing capitalism, but of an imaginary capitalism.” Samir Amin, The Liberal Virus (2004) According to orthodox economic...