For honest money and social progress
Source: http://bawerk.net/2015/08/22/that-70s-show-episode-3/ In the first episode we showed how the US became an unsustainable service sector based economy from the 1970s onward when service sector employment…
Source: http://bawerk.net/2015/08/15/that-70s-show-episode-2/ In Episode 1 we showed how the US labour market changed dramatically from the 1970s on back of excess money printing which allowed Americans to…
One of the most curiously persistent surrealisms of Washington, DC is the reflexive deference given the Federal Reserve System. The Washington elite tends to…
I have been writing about consumption of capital, using the example of a farmer who sells off his farm to buy groceries. It’s a…
China’s recent mini-devaluations had less to do with her mounting economic challenges, and more to do with a statement from the IMF on 4…
Source: http://www.alhambrapartners.com/2015/08/18/the-fomc-gets-slower-still/ Looking back now, January was such a weird month. You had, on the one hand, the barely restrained giddiness of the mainstream…
The US Federal Reserve is playing with the idea of raising interest rates, possibly as early as September this year. After a six-year period…
[Editor’s Note: this is for the event later this week. Please spread the word using hashtag #JacksonHoleSummit on Twitter] Leading Center-Right Groups to…
The Cobden Centre will be attending The Jackson Hole Summit in Wyoming this week timed to happen alongside the Federal Reserve’s annual symposium there….
Source: http://www.zerohedge.com/news/2015-08-19/after-6-years-qe-and-45-trillion-balance-sheet-st-louis-fed-admits-qe-was-mistake As you’re no doubt aware, the Fed is fond of using the research departments at its various branches to validate policy and…