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…
Trump’s economic plan runs the risk of severely derailing the US economy
byTrump’s plan is what Keynes would have prescribed Most economic commentators such as a Nobel Laureate Paul Krugman should be delighted with the US…
Generation Snowflake clobbered, again
by“Paul Krugman Says Markets Will ‘Never’ Recover From Trump; Dow Hits Record High” – Headline from The Daily Caller. “Experts who can guide…
The Looming Bubble in Long-Term Debt
byIn the aftermath of the financial crisis of 2007–2009, analysts and prognosticators have constantly argued over the next big bubble. Will it be in…