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Displaying 1 to 10 of 68 files.
Cobden Centre
Brief Guide to Money and Banking
» 554.2 KiB - 292 hits - 27 October 09
Baxendale and Evans' measure of the money supply and the key ideas behind the economic crisis and our route out.
cobden_prosperity_illusion.pdf
» 233.1 KiB - 116 hits - 27 April 10
Arden Partners: An Illusion of Prosperity
Global Focus - Is deflation the root of all evil?
» 300.9 KiB - 12 hits - 3 August 10
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For most economists and various commentators a general fall in prices, which is labeled deflation, is a terrible thing. It is held that deflation is a precursor of a severe economic slump. Hence the central bank must fight it aggressively by means of monetary pumping. Our analysis, however, shows that deflation takes place as a result of previous inflation. This amounts to the disappearance of money that was previously generated out of “thin air”. This type of money gives rise to various non-productive activities. Obviously then, a fall in the money stock that is followed by a fall in prices is good news for wealth generators. It arrests the diverting of real wealth to various non-productive activities that emerged on the back of monetary inflation. This lays the foundation for a durable economic recovery. In the meantime, our monetary analysis continues to indicate that US economic activity is likely to weaken visibly in the months ahead. In Q2 real GDP grew by 2.4% below expectations for 2.6%. The latest data shows that Japanese manufacturing activity has weakened visibly in June and July. In Australia the growth momentum of price inflation is poised to weaken sharply.
GreeksBearingGifts.pdf
» 589.9 KiB - 159 hits - 30 April 10
Analysis from Arden Partners.
Hulsmann - Honest Savings and Dishonest Money
» 363.1 KiB - 124 hits - 21 July 10
Slides from "Honest Savings and Dishonest Money", a private talk by Prof J Guido Hülsmann of the University of Angers on the 10th of July 2010
PUBLIC ATTITUDES TO BANKING
» 374.3 KiB - 493 hits - 14 June 10
PUBLIC ATTITUDES TO BANKING
A student consultancy project by ESCP Europe for The Cobden Centre June 2010
Tutor: Anthony J. Evans, Assistant Professor of Economics, ESCP Europe
Structural Economic Issues and Your 5-Year Plan
» 805.9 KiB - 177 hits - 18 June 10
Structural Economic Issues and Your 5-Year Plan
Caitlin Long of Morgan Stanley shows how the major nations' inter-indebtedness, and their particular reliance on the US dollar to finance sovereign debt, will more than likely lead to only one policy conclusion: monetise the debt.
TCC-Lecture-2010
» 251.7 KiB - 173 hits - 25 May 10
The Cobden Centre is delighted to invite you to its Annual Lecture and Drinks Reception to be held on Wednesday 9 June 2010 between 6.30pm and 9.00pm at the National Liberal Club, One Whitehall Place, London SW1 (nearest tube station: Embankment).
TESTING TIMES FOR CENTRAL BANKS – IS THERE ROOM FOR AUSTRIAN IDEAS AT THE TOP TABLE?
» 308.9 KiB - 184 hits - 17 June 10
Central banks are facing an unprecedented test in the wake of the credit crisis. We briefly outline prevailing theoretical frameworks and argue that central bankers effectively have a choice between three separate frameworks: Vienna, Cambridge and Chicago. Despite Austrian economics being the least acknowledged we survey increasing exposure in mainstream media, suggesting a role for a more explicit use. We provide implications for policy-makers and claim that Austrian ideas have a place at the top table of policy debate.
The Road to Serfdom - Introduction to the Definitive Edition
» 4.7 MiB - 109 hits - 6 July 10
Bruce Caldwell's Introduction to the Definitive Edition of The Road to Serfdom, by F.A. Hayek (PDF).