Welcome

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.

Recent articles

Should governments impose stricter regulations on large firms?

23 October 14 by Dr Frank Shostak

Frenchman Jean Tirole of the University of Toulouse won the 2014 Nobel Prize in Economic Sciences for devising methods to improve regulation of industries dominated by a few large firms. According to Tirole large firms undermine the efficient functioning of the market economy by being able to influence the prices and the [...]


In defence of capitali$m

22 October 14 by Steve Baker

[This article was written for BMS World Mission and can be found here.]

I want an end to poverty. I want a social system which operates justly in the general interest without boom and bust. I want to force even the most selfish into the service of others. I want to bring good news to the [...]


Four Reasons the Bernanke-Yellen Asset-Price Inflation May Be Nearing Its End

21 October 14 by Joseph T. Salerno

There are strong indications that the remarkable run up of asset prices in the last few years is beginning to run out of steam and may be on the verge of collapse. We will leave aside the question of whether the asset inflation is symptomatic of a garden-variety inflationary boom or is a more virulent [...]


The Economist discovers the Entrepreneur.

20 October 14 by Sean Corrigan

In its latest edition, in a piece entitled ‘Monetary policy: Tight, loose, irrelevant’, the ineffably dire Ekonomista considers the work of three members of the Sloan School of Management who conducted a study of the factors which – according to their rendering of the testimony of the 60-odd years of data which they analysed in [...]


Fed introduces new economic indicator to better assess the labour market

19 October 14 by Dr Frank Shostak

Economists at the Federal Reserve have devised a new indicator, which they hold will enable US central bank policy makers to get better information regarding the state of the labour market. The metric is labelled as the Labour Market Conditions Index (LMCI).

Note that one of the key data Fed policy makers are paying attention to [...]