Models, Damn Models and Statistics, or Math Gone Mad
byParliamentary committees are not especially noted for entertainment, but the November Treasury Select Committee hearing on the Bank of England’s Inflation Report is a…
The Truth Behind The Swiss Gold Referendum
byA recent column in US News & World Report, The Swiss Gold Rush by Pat Garofalo, its assistant managing editor for opinion, is subtitled…
We seem to have miscalculated
by“What will futurity make of the Ph.D. standard ? Likely, it will be even more baffled than we are. Imagine trying to explain the…
Commodities and the dollar
byEach commodity market has its own story to tell: oil prices are falling because OPEC can’t agree production cuts, steel faces a glut from…
Deflating the Inflation Myth
by[Editor’s Note; this interview, with Cobden Centre contributor Jesus Huerta de Soto, was by Malte Fischer of Handelsblatt] Professor Huerta de Soto, the inflation…
How the ‘Reserve’ Dollar Harms America
by[Editor’s Note: this piece, by Lewis E. Lehrman And John D. Mueller, first appeared in the Wall Street Journal http://online.wsj.com/articles/how-the-reserve-dollar-harms-america-1416527644. It was kindly brought to…
Segregated Cash Accounts
by[Editor’s Note: this piece, by John Cochrane, first appeared here http://johnhcochrane.blogspot.ie/2014/11/segregated-cash-accounts.html] An important little item from the just released minutes of the October Federal…
Russia’s monetary solution
byThe hypothesis that follows, if carried through, is certain to have a significant effect on gold and the relationship between gold and all government-issued…
Total Output grew by 2.17% in 2012
byOctober 31st saw the belated release of the 2014 Input-Output Supply and Use Data. This is important because it incorporates a larger amount of…
Swiss Gold Initiative: Good Idea with Unintended Consequences
by[Editor’s Note: The Swiss voted no to the “semi-gold standard” that was proposed. However, important issues were raised that are relevant to all nations…