The ultimate subsidy for the rich
byI am delighted that Fraser Nelson and the Spectator have picked up something we have been saying all the time for our nearly three…
A central banker worth hearing?
byI’m not aware of any unconditional support for central banking as such around The Cobden Centre but, nevertheless, occasionally a central banker says something…
Paper Money Collapse nominated for international book award
byI am very happy and proud to announce that Paper Money Collapse – The Folly of Elastic Money and the Coming Monetary Breakdown has…
Ouch!
byReaders of the Cobden Centre may be interested in a new book by Paul Knott. “Ouch!: Ignorance is Bliss, Except when It Hurts –…
Gold increasingly moving into the mainstream
byAlthough most people reading these pages are familiar with the idea of gold becoming money once again, as it was for so many millennia…
Is the “fiscal cliff” a threat to the US economy?
byThe US Congressional Budget Office (CBO) said on August 22nd that scheduled tax increases and spending cuts in 2013 would reverse the current modest…
Gross and net product
byThe other day I happened to be talking to a politician who was also a successful entrepreneur. He knew of the absurdity that when…
Storing up trouble
byWith the release of the ‘flash’ PMI for China, a further setback has been suffered by the eternal Polyannnas who expect a recovery to…
More QE is on the way – The central banks are digging themselves a deeper hole
byDear readers, first of all, apologies seem in order. An unusual gap between blog posts has appeared on the Schlichter Files this summer. The…
The purpose of market intervention
byInterventions in markets by governments and central banks are routine and we take them for granted. No one questions them, but they can create…