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