March Mises Circle
byThe March meeting of the London Mises Circle will take place at the Institute of Economic Affairs on Thursday 21st March. We will be…
Assume the brace position
byOn rare occasions I make specific, near-term market predictions, most recently in Q3 last year, when I called for a modest equity market correction….
Masterly inactivity
byBefore we really get into the detail this week, let us just deal with one simple canard: this idea that if the US Congress…
Should the Fed reverse its loose stance?
byAccording to Ben Bernanke, the Chairman of the Federal Reserve Board, the pulling back on aggressive policy measures too soon would pose a real…
The relationship between money and prices
byThe quantity theory of money and its accompanying equation of exchange are generally accepted as defining the relationship between money and prices. The equation…
Ask Vince Cable
byDear Vince Cable, I am CEO of an Anglo-Saxon business combine that has sadly always missed its forecasts. We operate across multiple sectors, notably…
Shock news just in! – Western central bankers have just discovered how to rescue us all
byStop all the Bloomberg feeds, cut off all the cell phones, prevent the press from thinking with a juicy story about the failed politician’s…
Reforming fractional reserve banking
byThis article was included as an expert submission to Ron Paul’s Monetary Policy Anthology. “When you’re one step ahead of the crowd you’re a genius….
Who benefits from the Fed?
byWe recently looked at the Federal Reserve’s 2012 results. In particular, we pointed to some positive and negative developments. On a positive note, the Fed managed…
Them was rotten days
bySir, Robert Skidelsky and Marcus Miller (Letters, February 27) consider that the Nobel Prize winner Friedrich Hayek offered a “counsel of despair” in the…