Tuesday, October 27, 2009

London's capitalist paper

I've quoted a few times from City AM. It is London's less well known morning free paper. It focuses on business and finance, so for many will have little appeal. For me it is the one paper in the UK that consistently, without fail, supports free markets and opposes government intervention to prop up failure.

So I recommend looking at the editorials by Allister Heath at least, even if you are uninterested in shares, banking and markets generally. For the philosophy expressed is a positive one. Indeed, Heath wrote last week just this:

"unlike others, we have refused to go down the road of demagogic class warfare and the politics of envy. City A.M is the only newspaper that stands up for City workers and believes in their values. We support a real free-market economy and oppose bailouts as well as crippling tax hikes; first and foremost, we are the paper for London’s capitalist classes. "

Now that's something work looking at for me. So read City AM, and to start how about this little piece on the financial crisis.

It's not libertarian, but it does seek to embrace the creation of wealth and decry those who destroy it. That in itself is a good thing.

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