“Mind-alteringly cheap”
“The problem is not so much to see what nobody has yet seen, as to think what nobody has yet thought concerning that…
cheap
Happy Earth Day: How To Use Capitalism To Bring Us Abundant, Cheap And Emission-Free Energy
One of the loudest and most fruitless political disputes in Washington has been about climate change. If you’re even vaguely concerned about climate change,…
US Growth and employment – can the boon of cheap energy eclipse the collapse of energy investment?
Last year’s oil price falls are still feeding through to the wider economy Oil producing states have remained resilient despite the continued lower price…
Amazon Prime cheaper in commodity terms
Incoming from Dave Doctor at Monetary Choice: The dollar price of Amazon Prime, the two-day delivery program for Amazon, rises on April 17th to $99,…
Five years of disastrously low interest rates have left Britain addicted to cheap credit
This article originally appeared in The Telegraph on 5 March 2014. It is reproduced by permission of the author. Five years ago today, the Bank…
It’s time to end the cruel delusion of cheap money and reckless spending
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‘:…
Jamie Whyte: The High Cost of a Cheap Pound
The Cobden Centre’s Jamie Whyte writes an excellent piece in this morning’s Wall Street Journal on the alleged economic merits of currency devaluation; he…
The perils of cheap money – Telegraph Blogs
Via The perils of cheap money – Telegraph Blogs, Ambrose Evans-Pritchard explains another danger of low interest rates: Here’s a little nugget from Germany….
Financialisation as Statecraft: A Quiet Engine of Boom, Bust, and Wealth Transfer
Austrian insights from the lecture hall—on DSGE models, fractional-reserve banking, and the quiet architecture of boom and bust During my master’s programme at the…
The Myth of Rational Economic Design: Bolivia’s Slide into Hydrocarbon and Dollar Crisis
By Elias Sanchez Throughout history, policymakers have repeatedly fallen prey to what Friedrich Hayek termed the fatal conceit—the belief that social and economic orders…