
It’s hard to account for flaws in the rule-book
In my latest City AM column I discuss Gordon Kerr’s recent book, which points to the role of accounting regulations in the obfuscation of…
Read MoreIn my latest City AM column I discuss Gordon Kerr’s recent book, which points to the role of accounting regulations in the obfuscation of…
Read MoreToday we reproduce a wonderful essay written by Ludwig von Mises for the Oct 30th 1950 edition of The Freeman, and subsequently published in…
Read MoreCredit ratings agencies have come under fire for not being proactive enough in recognizing bad sovereign risks. Even if the ratings agencies were a…
Read MoreThis time last year, while still bullish out of regard for the effects of the Fed’s latest burst of monetary pharmacology, we had begun…
Read MoreThe consolidation of gold’s bull phase from October 2008 to the peak last September was a classic three-leg correction: an initial slide, rally, and…
Read MoreThe economic policy debate is dominated by wishful thinking and fallacies of the most dangerous kind, propagated no less by the high and mighty…
Read MoreOn Wednesday, I talked about the forgotten wisdom embodied in Say’s Law. Today, we reprint the chapter called “Keynes vs. Say’s Law” from Henry…
Read MoreIn yesterday’s article I emphasised that it is profit that is beneficial, not revenue. I’ve just read an excellent article (H/T Sean Corrigan) by…
Read MoreAt times of recession, like we have today, a range of dodgy economic ideas that have been refuted several times over during the last…
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