by Professor Elisabeth Krecké Cryptocurrencies are no longer a marginal phenomenon limited to nerdy online communities. They are increasingly acquired by companies, investment funds…

By Dr Frank Shostak According to the Austrian Business Cycle Theory (ABCT), the boom-bust cycle emerges in response to a deviation in the market…

(London: Hurst & Company, 2020, 350 pages) By Jesús Huerta de Soto I was a small child when I first heard Salazar, the Portuguese…

MARTIN HUTCHINSON Oxfordshire, beautiful rolling land of small villages before 1900, may seem (outside the eponymous University itself) an unlikely seedbed for an economic…

June 27 saw the passing of economist Steven Horwitz at the age of 57. His loss will be felt by all who value not…

Mainstream analysis sees rising consumer prices, and looks for a monetary cause. Also, when it sees an increase in the quantity of dollars, it…

By  Dr Frank Shostak According to a popular way of thinking, the central bank can influence the rate of economic expansion by means of…

Talk of a new commodity super-cycle may be premature Once GDP growth returns to trend, commodity demand will moderate Fiscal and monetary relief are…

By  Dr Frank Shostak It is widely held that the central bank is a key factor in the determination of interest rates. By popular…

There is the ideologically captured mind that squeezes all the complexities, diversities, uncertainties, and serendipities of life into one limited dimension of cause and…

Yesterday, the FOMC released its June statement which only served to remind us that its members are powerless in the face of inflationary conditions….

As Britain emerges from the European Union with the freedom to set its own trading arrangements, clear thinking on trade is more necessary than…