Header image header image 2  
 
 
|| HOME || Articles Opinion Pieces Economics
   
 
"On Boris Johnson's view of history " by Alexander Moseley

Sent to the Torygraph, but not printed (I did score once with the paper!)

Dear Sir,

While we may enjoy at times the cavalier hilarity of London's mayor, when he utters prescriptions we must all adjust our critical perspective, unless we are considered to become those who should not reason but die paying the taxes for his socialist schemes. Johnson is right to recognise that isolationism deepened the Great Depression but wrong to assume that the grand political schemes of building huge dams and roads into the wilderness were of any use. There are only three ways for government to raise money to pay for such colossal schemes: raise taxes (and thereby take from some to give to others), borrow money (and thereby take from some to give to others), or print money (and thereby take from some to give to others and incidentally create crunching credit cycles). The New Deal was lauded by socialists and those of a totalitarian mind - just as Johnson's naivety will be applauded by those who receive while the rest of us struggle on to pay the tribute our Red Boris demands. Instead of believing the cartoon history of the last century, Johnson should get his hands on Lionel Robbins's or Murray Rothbard's works on the Depression - perhaps the blue may then return to his thinking.

Yours faithfully,
Alexander Moseley

 
 
About Dr Moseley