Hurrah for Business First Magazine!
I usually become unsettled when I read most business magazines on the basis that they are rarely about business. Instead, their articles, interviews and…
Read MoreJuly, 2011
The failure of monetary socialism
There is a story from the Cold War era about a Soviet official who travelled to London. As he was shown around he couldn’t…
Read MoreExhausted commodities?
In recent weeks, we have argued strongly against any relapse into Malthusianism or any of the other, fashionable Green neuroses which readily afflict those…
Read MoreThe greatest show on Earth
So, the European elite have temporarily managed to contain the submerging market contagion which was threatening to blow apart their beloved superstate and have…
Read MoreHayek vs Keynes at the LSE
July 26th saw one of the most eagerly anticipated economic events of recent years. At the London School of Economics (former employer of Friedrich…
Read MoreBrazil
With his history in the transfer market there is no guarantee that Carlos Tevez won’t still end up at Brazilian side Corinthians. But even…
Read MoreMoney out of “thin air”
By fulfilling the role of an intermediary, banks are an important factor in the process of real wealth formation. Banks facilitate the flow of…
Read MoreThe official start of the European transfer union
There are basically three scenarios for the future of the European Monetary Union as I argue in my book The Tragedy of the Euro….
Read MoreBernanke’s blind side
The world financial system is skating on thin ice, and that ice can crack at any moment. The instabilities of the global paper money…
Read MoreThe forgotten liberal ideas of M.K. Gandhi
Mohandas Karamchand Gandhi is now in the headlines once again, this time for an alleged ‘bisexual’ affair. Provocatively-titled biographies such as ‘Gandhi: Naked Ambition’…
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