Further thoughts on Gibson’s paradox
by“The paradox is one of the most completely established empirical facts in the whole field of quantitative economics.” – John Maynard Keynes “The Gibson…
Money multiplier is really about credit out of “thin air”
byAccording to traditional economics textbooks, the current monetary system amplifies the initial monetary injections of money. The popular story goes as follows: if the…
Deafblind
by“Most economists, it seems, believe strongly in their own superior intelligence and take themselves far too seriously. In his open letter of 22 July…
“Liberal Socialism” Another False Utopia
byVery often bad and failed ideas do not die, they simply reappear during periods of supposed social and political crisis in slightly different intellectual…
See no evil, speak no evil…
byThe Jackson Hole speeches of Janet Yellen and Mario Draghi last week were notable for the omission of any comment about the burning issues…
Europol on Blockchain for The Cobden Centre
byThis piece was kindly produced for The Cobden Centre by Europol as part of the The Cobden Centre’s guide to policy makers on blockchain. …
Regulatory Perspectives on Virtual Currencies
byThis piece was kindly produced for The Cobden Centre by Sean F. Ennis and Gert Wehinger at the OECD as part of the The Cobden…
Taken To The Cleaners
byThe following, written exclusively for The Cobden Centre, is by Dean Buckner (Life Insurance and Pensions Department, Bank of England) Introduction Should regulators…
Dreams of Gerontius
byDemographics, productivity & the great central bank fallacy of interest rate determination Summary As we go to press, the Mighty Oz’s and Grand Panjandrums…
The Golden Revolution, Revisited
byThe latest edition of The Golden Revolution is available from Amazon here https://www.amazon.com/dp/1535608994 Back in 2012 John Wiley and Sons published my first book, The…