Bubble trouble: Is there an end to endless quantitative easing?
byThe publication, earlier this week, of the Federal Reserve’s Federal Open Market Committee minutes of January 29-30 seemed to have a similar effect on equity markets…
Retail therapy for India
byHow will Big Box retailers like Walmart affect India? Some have expressed concern that “retail therapy” will put a small army of independent retailers…
Banking and the state
by“It had come to be accepted that the pigs, who were manifestly cleverer than the other animals, should decide all questions of farm policy,…
The final countdown
byGovernments have refused to accept the necessity of a period of economic re-adjustment following the credit-bubble. The bubble burst about five years ago and…
Incredible confusions, Part 2: Of interest and the dangerous habit of suppressing it
byThe idea that the charging of interest is unethical and should be banned has a long tradition in the history of human civilisation. It…
The errors of Keynes
byThe Austrian School of economics has provided the world with devastating critics of Keynes’s magnum opus The General Theory of Employment, Interest and Money (TGT) for…
The deflationary spiral bogey
byWhat is deflation? According to dictionary.com, it is “a fall in the general price level or a contraction of credit and available money.” Falling prices….
Cooperation breakdown
byThe evidence of a major breakdown in global economic and monetary cooperation continues to mount. Just yesterday, the G7 released a statement regarding foreign…
FreedomFest 2013, Las Vegas
byCobden Centre readers based in the US, along with those who fancy a visit, are invited to … FreedomFest, July 10-13, 2013: Just think…
The constant taking of the soft political option
by“On October 15, the mark’s rate against the pound passed 18 milliards. On October 21, after the mark had moved in three days from…