Peter Morgan

I recently read an article at the Institute of Economic Affairs pushing for an alternative to the current national annual budget. This is something I have wanted for a long time and believe the current annual budget is inflexible and inefficient. The article explaining the limitations of the current methodology...

Usually, when arguments are made against high tax in an economy the emphasis is on the domestic demand taken away by greater government asset seizure. The other common argument is the efficiency or the lack thereof of the government to utilise the funds they raised through the increase in taxation....

The Eurozone is not a uniformly successful economic model. For one group of member states to succeed another group will fail. This is as a result of the Euro providing a single currency value across the whole of the Eurozone, which in turn alters each member states relationship with foreign...

I often wonder why so much money is taken in tax. The excuses range from the need to pay for services provided by the government to subsidising the poor. However I am not so sure it is anymore. In at least, it may be causing more poverty than taking less...

In recent years the level of debt finance within the majority of business entities has increased significantly. This is often put down to having a consistently low rate of interest allowing low borrowing costs and encouraging a more highly geared economic environment.

This steady level of interest has occurred as...

Contrary to popular thought the banking system was not set up to benefit or service people. It was in fact something that developed over a long period of time in a piecemeal manner, which derived from one person's intention to make money from another person. The concept of interest was...

Hypothecation occurs when assets are used as collateral against a loan. The asset is the insurance the lender has if the debtor defaults on repayment, in such an event the asset can be seized by the lender to cover the cost of the lost investment.

The asset used as...

When investments are made the currency the purchased asset is held in has to be bought by the investor, as it is the desired medium of exchange the seller has requested. Buying into a currency to invest in an asset increases the demand for the currency and artificially increases its...

First, I would like to discuss credit easing, which I do not think will work. To start with it is too small an amount. Twenty billion in loan guarantees will not provide the security needed to put confidence back in a market of an economy worth £1.4 trillion a year....

I have recently read a number of articles stating the solution to the economic crisis is merely to tax the rich. However, I doubt it is that simple and it may in fact create more problems than it solves. I provide my justification below, by explaining the use of the...