Antisemitism and Banking
by[Editor’s Note: this piece, by Ivo Mosley, first appeared at http://defendinghistory.com/antisemitism-banking/69351] A good deal of today’s anti-Semitism rests upon the fantasy that ‘the Jews’…
The Future of Bitcoin
byLater today, I will be speaking at this year’s Cato Annual Monetary Conference in Washington, DC. The theme of this year’s conference is positively…
Into the unknown
by“Sir, Your headline “Fed’s grand experiment draws to a close” (FT.com, October 29) combines ignorance of what quantitative easing is with insouciance as to…
Macro economic data: an instrument for government intervention
byIt is generally held that for an economist to be able to assess the state of the economy he requires macro-economic indicators which will…
China’s gold strategy
byChina first delegated the management of gold policy to the People’s Bank by regulations in 1983. This development was central to China’s emergence as…
The ECB should be bolder
byAs inflation rates continue to fall across the Eurozone one might expect Austrian economists to rejoice. After all, inflation reduces our purchasing power and…
Janet Yellen, Politicizing the Fed?
byJanet Yellen gave a widely noted speech, Perspectives on Inequality and Opportunity from the Survey of Consumer Finances, at the Conference on Economic Opportunity and Inequality…
Like treating cancer with aspirin
by“Sir, Your editorial “A Nobel award for work of true economic value” (October 15) cites the witty and memorable line of J M Keynes about…
A Vindication of Commercial Society
byIn the Wealth of Nations Adam Smith outlines a commercial society: When the division of labour has been once thoroughly established, it is but a…
Markets and reality disconnected
byThe behaviour of financial markets these days is frankly divorced from reality, with value-investing banished. Markets have become distorted by Rumsfeld-knowns such as interest…