I received this YouTube clip from a friend of the Cobden Centre and I think it is fantastic. It shows the fundamental banality of the mainstream economists and their entrenched views: more “political cohesion”, more debt, spend, spend, spend …

Such advice will push our economies over the edge.

Investor Hugh Hendry gives Nobel Laureate Joseph Stiglitz a taste of reality.

About the Author

“Toby Baxendale is an entrepreneur who built up, amongst other things, the UK's largest fresh fish supplier to the Food Service sector, see www.directseafoods.co.uk, and recently sold it. Toby is dedicated to furthering the teaching of the Austrian school of economics. He established and funded the 1st Distinguished Hayek Visiting Teaching Fellowship Program at the LSE in Honour of the Nobel Laureate F A Hayek. Toby is Chairman of The Cobden Centre. Richard Cobden's timeless principles of the abolition of legal privilege of the few at the expense of the many are worthy in this day and age to promote.