Money printing to the max
There is a big shift in political sentiment among G8 leaders towards less austerity and more emphasis on economic growth, which was evident at…
Read MoreMay, 2012
Putting it all behind us
All consumption is either by individuals, or by the government. Having treated of the consumption of individuals, it only remains that we treat of…
Read MoreIn defence of the euro: an Austrian perspective
With a Critique of the Errors of the ECB and the Interventionism of Brussels 1. Introduction: The Ideal Monetary System Theorists of the Austrian…
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The Little Book of the Shrinking Dollar
Why am I so sure of the ultimate fate of the US dollar? One simple fact: it’s just paper. Every paper currency in the…
Read MoreThoughts on the Greek crisis and the politicization of economics
Should the Greeks have a referendum on whether they want to stay in the euro? Are the upcoming elections such a referendum? Would it…
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The single income tax
Last week saw the launch of the 2020 Tax Commission report on UK tax reform. It’s called “The single income tax” and can be…
Read MoreEnd of the Road: How Money Became Worthless
A new documentary has just been released about the ongoing financial crisis, and the cast list is a who’s who of Austrian economists and…
Read MoreFrenzied spending caused a feeble recovery
A view from America … Would you happily sign an IOU for $126,000 to allow Barack Obama to keep his Big Spender status going?…
Read MoreThe threat posed by free money
Another good article by Allister Heath for City A.M.: If you want proof that the global economy’s woes are increasing, as a result of…
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The canary in the gold mine
In 2007 there appeared the first signs of serious trouble in the US subprime mortgage market. While US Treasury Secretary Paulson assured investors that…
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