There Are Two Types of Credit — One of Them Leads to Booms and Busts
In the slump of a cycle, businesses that were thriving begin to experience difficulties or go under. They do so not because of firm-specific entrepreneurial…
Read MoreNovember, 2016
Monetary Freedom would strengthen Britain’s position in Trade Negotiations
Given the ongoing concerns regarding the strength of Britain’s position in trade negotiations, many alternative policy suggestions that may have previously been politically infeasible…
Read MoreTrue Free Trade vs. ‘Free Trade Deals’: The misappropriation of Freedom
One of the most frustrating aspect of those trade negotiations that are sold as ‘Free Trade Deals’ is that they are not truly ‘Free…
Read MoreAbout that Economic Inequality
I address this essay to two groups. One group is those among the liberty movement, who believe that there’s nothing wrong with inequality. These…
Read MoreInterview with Gordon Kerr on Bloomberg TV Bulgaria
KI Gordon, what is so significant about this September securitization deal for Banco Popolare di Bari? GK It is the most significant event…
Read More
The European Banking Can Nears the End of the Road
“The key thing to know about Lehman Brothers is that it did not cause the financial crisis, it revealed the financial crisis”[1] Central Banking…
Read More
Benn Steil: Paul Krugman Doubles Down On Fiscal Expansion Claims Contradicted by Data
“Everything about recent experience,” Paul Krugman says, “suggests that the world desperately needs fiscal expansion to boost demand and … that our sole reliance…
Read More
Trump’s economic plan runs the risk of severely derailing the US economy
Trump’s plan is what Keynes would have prescribed Most economic commentators such as a Nobel Laureate Paul Krugman should be delighted with the US…
Read MoreGeneration Snowflake clobbered, again
“Paul Krugman Says Markets Will ‘Never’ Recover From Trump; Dow Hits Record High” – Headline from The Daily Caller. “Experts who can guide…
Read MoreThe Looming Bubble in Long-Term Debt
In the aftermath of the financial crisis of 2007–2009, analysts and prognosticators have constantly argued over the next big bubble. Will it be in…
Read More