First Ever Austrian School Event in European Parliament
I will write this up more fully soon – last week we had the first ever Austrian School event in the European Parliament. The…
Read MoreNovember, 2018
Money growth and inflation – is there a connection?
According to many mainstream economists, a lack of good correlation between the monetary growth and the growth rate of various price indexes casts doubt…
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The Fed Is Tightening More Than It Realizes
by Benn Steil and Benjamin Della Rocca at CFR https://www.cfr.org/blog/fed-tightening-more-it-realizes Before the 2008 collapse of Lehman Brothers, the Fed’s balance sheet stood at $925 billion—mostly U.S. Treasury securities. After…
Read MoreEasy monetary policy and the pattern of consumption
With meagre resources at his disposal, an individual is likely to allocate these resources i.e. his wealth towards essentials such as food, clothing…
Read MoreCoffee Sellers Are Not Fundamentally Different from Banks
By Joakim Book With the 2007-8 financial crisis came a splendid alphabetical soup of central bank interventions to stimulate financial markets, lower interest rates, provide…
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Second Annual Conference on Austrian Economics in Madrid
The conference, originated by Jesus Huerta de Soto, was a great success. I will write more soon. It would be good if more Cobden…
Read MoreThe psychology of systemic consensus
We are all too familiar with established views rejecting change. It has nothing to do with the facts. Officialdom’s mind is often firmly closed…
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Caitlin Long on Blockchain and the Austrian School
What is the relation between supply and demand for money?
For most economists there is the need to keep the so-called economy along the path of a stable economic growth and a stable…
Read MoreEvents
“Events, dear boy, events.” Alleged response by the British Prime Minister Harold Macmillan, when asked by a journalist what is most likely to blow…
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