The best opportunity for the rehabilitation of Austrian economics
byIn a recent email, Sean Corrigan highlighted the following excerpt from Ludwig M. Lachmann‘s essay Austrian Economics in the Age of the Neo-Ricardian Counterrevolution….
Cyclical déjà vu
byThough it might seem a churlish observation to make amid so much barely-suppressed exuberance about the prospect for the markets in 2013, in many…
This is going to end badly
by“Our experts think that equity valuations now look attractive.” – From a Fidelity advertisement in the FT, 2 – 3 February 2013. You may…
London Mises Circle meetings
byFollowing the success of the first London Mises Circle meeting at the Institute of Economic Affairs in November, after a Christmas break we are…
The impossibility of economic calculation in a fiat world
byThe purpose of keeping accurate accounts is to quantify net worth at any given point in time – as well as the change from…
Cobden Centre Radio: Schlichter on the collapse
byMost Cobden Centre supporters will be thoroughly familiar with Detlev Schlichter through his book Paper Money Collapse and his blog “The Schlichter Files”. In…
The disbanding of troops
byFrom Frédéric Bastiat’s classic “That Which Is Seen, and That Which Is Not Seen”, this essay was recently featured at Mises.org. It is the same with a people…
Countdown to the collapse
byOn multiple fronts there appears to have been a resumption of hostilities in the global currency wars. A subtle indication of this is the…
Yes Virginia, there is a constitutional monetary unit
byA view from America … Last week, the Virginia House of Delegates Rules Committee passed, by an 11 – 1 bipartisan majority, a bill to establish “a joint…
Why price inflation will take off
byThere are key aspects of economics that neo-classical monetarists do not apparently comprehend; the most important, given their job-description, being the relationship between money…