Does the Divisia monetary gauge help to define what money is?
byMost economists hold that, since the early 1980s, correlations between various definitions of money and national income have broken down. The reason for this…
Mario’s Squeezy-B
byHaving already touched upon the UK’s shaky fiscal position, all that really needs to be added, now that the Chancellor has actually delivered his…
Why inflation is not about general increases in prices
byThere is almost complete unanimity among economists and various commentators that inflation is about general increases in the prices of goods and services….
There Are Two Types of Credit — One of Them Leads to Booms and Busts
byIn 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…
Monetary Freedom would strengthen Britain’s position in Trade Negotiations
byGiven the ongoing concerns regarding the strength of Britain’s position in trade negotiations, many alternative policy suggestions that may have previously been politically infeasible…
True Free Trade vs. ‘Free Trade Deals’: The misappropriation of Freedom
byOne of the most frustrating aspect of those trade negotiations that are sold as ‘Free Trade Deals’ is that they are not truly ‘Free…
About that Economic Inequality
byI address this essay to two groups. One group is those among the liberty movement, who believe that there’s nothing wrong with inequality. These…
Interview with Gordon Kerr on Bloomberg TV Bulgaria
byKI Gordon, what is so significant about this September securitization deal for Banco Popolare di Bari? GK It is the most significant event…
The European Banking Can Nears the End of the Road
by“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…
Benn Steil: Paul Krugman Doubles Down On Fiscal Expansion Claims Contradicted by Data
by“Everything about recent experience,” Paul Krugman says, “suggests that the world desperately needs fiscal expansion to boost demand and … that our sole reliance…