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
by Alasdair MacleodInterventions in markets by governments and central banks are routine and we take them for granted. No one questions them, but they can create…
Class war, Adam Smith, and the Marginal Productivity Theory of Distribution
by John PhelanThere is a pleasure almost cruel in seeing someone deploy irrefutable logic to destroy an opponent’s arguments. I felt it this week reading George…
Economic growth and the pool of funding
by Dr Frank ShostakThe heart of economic growth is the availability of the means of sustenance to support the maintenance and the improvement of an economy’s infrastructure….
Who needs economic freedom when you can vote?
by Steve BakerAs the resident Parliamentarian amongst the Cobden Centre staff, I thought Learn Liberty’s Who Needs Economic Freedom When You Can Vote? was the right…
Could the US Republican Party take gold seriously?
by Steve BakerVia the Financial Times and behind their paywall, we learn: The gold standard has returned to mainstream US politics for the first time in 30…
What price for freedom?
by Dominik SchönenbergerSometime in 1760, Venture Smith, a slave “resolutely determined to become free,” purchased his freedom— with his own savings. After all, in free markets,…
The economic consequences of Mr Hammond
by David CampbellLast week, in an interview in The Independent, the Defence Secretary, Mr Philip Hammond, announced yet another miracle flowing from London’s hosting of the…
An open letter to Warren Buffett
by George ReismanMr. Buffett: You have been quoted time and again, without any denial on your part that I am aware of, as having said, “There’s…
Sound money, monetary freedom, and the government
by Dr Richard M. EbelingTestimony for the Subcommittee on Domestic Monetary Policy and Technology, on “Sound Money: Parallel Currencies and the Roadmap to Monetary Freedom, Thursday, August 2,…