CBDCS: THE HOTTEST TOPIC IN CENTRAL BANKING
bySince we last reported on the ECB’s thinking about CBDCs1, multiple central banks have undertaken research in designing, operating and selling CBDCs. As of…
More Easy Money Will Plunge Us into Stagflation
byThirty major central banks are expected to cut rates in the second half of 2024, a year when more than seventy nations will have…
A Glimpse of History
byBy Hannes H. Gissurarson The Mont Pelerin Society, founded by Hayek in 1947, debated free trade and limited government, influencing global economic shifts. Left-wing…
Theory and curve fitting
byBy Dr Frank Shostak By popular thinking, our knowledge of the world of economics is elusive – it is not possible to ascertain how…
AI Policy Educational Videos
byA few years ago we were given funding by the Journal of Artificial Intelligence, the oldest and most prestigious of all the AI journals,…
The Beginnings of a Reborn Austrian School of Economics
byFifty years ago, on October 10, 1973, one of the leading members of the Austrian School of Economics, Ludwig von Mises (1881–1973), passed away…
Friedrich von Hayek’s Lecture Upon Winning the Nobel Prize in Economics
byGiven the rampant expansion in central planning we have seen in recent years, it is worth reading this lecture given by Hayek when he…
The Welfare State Prolongs Recessions
byMany economic pundits predict that the United States and much of the world is either in a recession or about to enter one, depending…
“The Road to Serfdom”: Exploring F.A. Hayek’s Key Concepts in Economic Freedom
byCelebrating its 80th anniversary since initial publication, “The Road to Serfdom” continues to remain relevant in today’s discourse when it comes to economic freedom…
Is the assumption of money neutrality valid?
byBy Dr Frank Shostak By popular economics, the key for businesses success is that they must pay attention to consumers’ wishes as manifested by…