Artie Lees: 2 books

When Adam Smith wrote ‘The Wealth of Nations’ he laid the foundations of modern economic theory by exploring the relationship between wealth and money. Over the years this theory has developed but it has almost exclusively concentrated on money at the expense of wealth. This is a pity as the concept...

At the heart of modern economic theory is the concept of interest rates being used to control the economy by striking a balance between growth and inflation. It is a concept that is so well entrenched that few would challenge its validity but when the policy is matched against outcome its track record...