Understanding Deposit Insurance (I): Deposit Insurance is a Creature of the State
byDeposit insurance is one of the most misunderstood – and also most dangerous – forms of government intervention into the financial system. Let’s…
The end of tapering and government funding
byLast year markets behaved nervously on rumours that QE3 would be tapered; this year we have lived with the fact. It turned out that…
Market expectations and long-term US interest rates
byAfter closing at 3.03% in December 2013 the yield on the 10-year US T-Note has been trending down, closing at 2.34% by August this…
Don’t Believe Government About Price Inflation
by[Editor’s note, this piece, by Richard Ebeling, is from EpicTimes] It is an old adage that there are lies, damn lies and then there are…
Weak Labour Markets and Repo Market Disruptions
byCentral Banking Low interest rates contribute to weak labour markets In the latter part of August, the cream of the world’s central bankers convened…
Böhm-Bawerk: Austrian Economist Who Said “No” to Big Government
by[Editor’s note: this piece, by Richard M. Ebeling, was originally published at EpicTimes] We live at a time when politicians and bureaucrats only know one…
Currency turbulence
byYou’d think that the US dollar has suddenly become strong, and the chart below of the other three major currencies confirms it. The US…
A difficult question
byIn a radio interview recently* I was asked a question to which I could not easily give a satisfactory reply: if the gold market…
Austrians, Fractional Reserves, and the Money Multiplier
by[Editor’s note: this article, by Robert Batemarco, first appeared at Mises.org] John Tamny recently wrote a piece at Forbes titled, “The Closing of the Austrian…
Rethinking Japan’s “Lost Decades”
by[This article, by Peter St. Onge, first appeared at mises.org] One of the great economic myths of our time is Japan’s “lost decades.”…