The Cobden Centre has been established to promote social progress through honest money, free trade and peace. We endorse Richard Cobden's view that:
Peace will come to earth when the people have more to do with each other and governments less.
Western central banks have tried to shake off the constraints of gold for a long time, which has created enormous difficulties for them. They have generally succeeded in managing opinion in the developed nations but been demonstrably unsuccessful in the lesser-developed world, particularly in Asia. It is the growing wealth earned by these nations that [...]
Steve Baker has written an article for today’s City A.M. calling for an end to the ‘cruel delusion of cheap money and reckless spending‘:
George Osborne will present his Autumn Statement to a country in the grip of a cruel economic delusion, perpetrated against the poor and the aspirational.
Welfare states everywhere are spending chronically beyond their [...]
The FT blog entry dealing with the Pope’s recent apostolic exhortation is, as we might expect, a somewhat tendentious selection, archly culled from the proclamation. But, in the spirit in which it is there presented, let us deal with a few of the passages excerpted.
While the earnings of a minority are growing exponentially, so too [...]
Still unnoticed by a large part of the population is that we have been living through a period of relative impoverishment. Money has been squandered in welfare spending, bailing out banks or even — as in Europe — of fellow governments. But many people still do not feel the pain.
However, malinvestments have destroyed an immense [...]
“We have the best government that money can buy.” – Mark Twain.
It says a lot about the financial establishment that the most revelatory coverage of the worst financial crisis in living memory has appeared, not in the pages of ‘The Financial Times’ or ‘The Wall Street Journal’, but in those of ‘Vanity Fair’ and ‘Rolling [...]