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"In our age, there is no thing as "keeping out of politics". All issues are political issues and politics is a mass of lies, evasions, folly, hatred and schizophrenia." ~George Orwell

I n certain circles, it has become fashionable to argue that monetary policy is a superior instrument to fiscal policy - more predictable, faster, without the adverse long-term consequences brought on by greater indebtedness. Indeed, some advocates wax so enthusiastic that they support recent drives for austerity in many European countries, arguing that if there are untoward effects they can be undone by monetary policy. Whatever the merits of this position in general, it is nonsense in current economic circumstances.

The 'legal high' of bath salts, or mephedrone, is the new target of drug prohibitionists. Because that worked so well before