30 years in the investment industry, newsletter writer, entrepreneur, gemologist, and elephant polo aficionado.
Working with Dr Jim Walker - DM for intro, rsch
Delighted to be working with old colleague/friend and living legend Dr. Jim Walker. Will be highlighting some of his work and themes as we move forward. Always insightful, knowledgeable, and highly pertinent. Please DM for intro, research, meetings et al
In related news, July 4th 2026 was intended to be the original end-date of DOGE, where they would have cut over a trillion dollars from the annual federal budget.
But instead it dismantled, because nothing stops this train.
We already have the highest industrial electricity prices in the developed world and Labour wants higher carbon taxes to push electricity prices even higher.
Pay 50% in taxes & contributions when you work
Then pay 22% VAT when you buy anything
Then pay 30% on interest if you manage to save something
Then your children pay 25% when you die
And now the European left talk about a wealth tax?
How is Europe supposed to prosper again?
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Today's brief post.
The Instutional Response Curve
https://t.co/Qjto4CQQel
After years of reading official reports, press releases, public inquiries, corporate statements and media briefings, I have finally managed to compress the entire modern policy response to problems into a single Kűbler-Ross style diagram.
I wonder why those same Egyptian fans weren't out on the streets chanting for the Egyptian govt to open their border with Gaza in 2023 to allow Palestinians to flee all that genocide they claim they've been suffering. Instead Egypt chose to reinforce their border. 🤷🏻♀️
Two hundred and fifty years ago, a group of colonists decided that a distant king had no business taxing their tea, their paper, or their labor. They were right. Read the Declaration again and notice what it actually protests: not vague injustice, but specific violations. Taxation without consent. Standing armies in peacetime. Trade cut off by decree. These were economic grievances, and the men who signed the document understood that liberty and property are the same thing viewed from two angles.
You have inherited that idea, though you would hardly know it from your tax code.
Consider what freedom bought. In 1776 the average person lived close to subsistence, as every human had since the Pharaohs. Then free markets, sound money, and secure property did their work, and real income exploded. Millions of people traded voluntarily and kept what they earned, without central planning.
The men in Philadelphia never authorized a central bank that would shave 96 percent off the dollar's value since 1913. They never voted you a bureaucracy that spends four dollars for every three it collects. Jefferson warned you about this exact outcome in his letters, and you filed the warning away.
Freedom is the concrete right to trade, save, build, and refuse. Guard the specifics and the abstractions take care of themselves.
So dishonesty is now considered acceptable when practising the Law?
Who would have guessed with our current rash of legal beagle @UKLabour politicians?