The Science Fictional Foundation Under Paul Krugman, Part One
byPaul Krugman, a few years ago, wrote at length to extol the magnum opus of science fiction grandmaster, Isaac Asimov, the Foundation Trilogy. Prof….
Eugen von Böhm-Bawerk: Leading Austrian Economist and Finance Minister of Fiscal Restraint
byWe live at a time when politicians and bureaucrats only know one public policy: more and bigger government. Yet, there was a time when…
Valuing gold – USD FMQ Update
byThere is only one way to value gold, and that is to quantify the expansion of the fiat currency in which it is priced….
Benjamin Graham or John Maynard Keynes ?
by“In journalism and blogging, a listicle is a short-form of writing that uses a list as its thematic structure, but is fleshed out with…
How liquidity drives the US stock market
byIn a market economy a major service that money provides is that of the medium of exchange. Producers exchange their goods for money and…
INTERVIEW WITH DR WILLIAM WHITE, FORMER HEAD OF THE MONETARY AND ECONOMIC DEPARTMENT AT THE BIS PART 2
byWilliam White is currently Chairman of the Economic and Development Review Committee of the OECD which provides policy recommendations to governments of member and…
The Ghost of ’37
by[Editor’s Note: The original can be found here http://truesinews.com/2015/03/26/the-ghost-of-37/] With the Fed supposedly steeling itself at last to remove a little of its emergency…
Analysts admit outlook ‘uncertain’ after sun disappears
by“March 17 – Bloomberg (Kelly Bit): “Ray Dalio, founder of the world’s largest hedge fund firm, Bridgewater Associates, told investors there’s a risk that…
A World Without The Welfare State
by[Editor’s Note: This piece first appeared at Epic Times http://www.epictimes.com/richardebeling/2015/03/a-world-without-the-welfare-state/] We live in an era in which few can even conceive of a world without…
Central banks paralysed at the zero bound
byThough the Fed would deny it, it is clear from the minutes of the last Federal Open Market Committee (FOMC) meeting that a rise…