For honest money and social progress
by Jeffrey P. Snider According to the latest ECB figures, as of yesterday total “liquidity” added to the European banking system for that central bank’s…
In her testimony to the Congress Economic Committee on November 29, 2017, the Fed Chair Janet Yellen said that the neutral rate appears to…
By Marcia Christoff-Kurapovna There long has been a persistent academic debate as to whether an “ancient economy,” referring mainly to Greece, even existed at all. In…
A theme which frequently pops up in current financial and economic commentary is that of the burgeoning levels of outstanding debt under which all…
Stock markets have finally taken a breather over the last fortnight, although the S&P 500 has made a new, marginal, high this week. Cause…
Indicators for financial market “stress” have reached their lowest levels in decades. For instance, stock market volatility has never been this low since the…
There are two problems with understanding deflation: it is ill defined, and it has a bad name. This article puts deflation into its proper…
As we lurch through successive credit crises, central bankers and economists believe they learn valuable lessons every time, and that the ultimate prize, the…
Market competition is at the heart of the capitalist system. It serves as the driving force for creative innovation, the mechanism by which market…
For at least half a century, nearly every secondary school pupil and university student in Britain has learnt about the evils of Nazism and…