For honest money and social progress
It’s time to privatise commercial risk in banking and insist on prudent accounts. Government should: Eliminate moral hazard from the financial system by implementing…
TCC Board Member, Steve Baker MP, has been on the front line this week trying to bring his sound economic judgement to bear on…
Why Nations Fail is the title of the lavishly praised recent book by two academics: Daron Acemoglu (MIT) and James Robinson (Harvard). It is…
Economists and journalists often point to the danger of external public debts — in contrast to internal debts, which are regarded as less troublesome….
Last week the US central bank has announced that it will expand its “Operation Twist” program to extend the maturities of assets on its…
TCC Senior Fellow Detlev Schlichter appeared on The World at One to highlight the folly of reckless spending and ever-increasing debt that is now…
In an Amphora Report last month, The Canary in the Gold Mine, I made the case that a key reason why gold has not…
In a new paper from the HKUST academic team of Li, Liu & Wang, the authors lay out a clear exposition of the way…
The assessment of economic growth based on Gross Domestic Product is a fallacy, because GDP is merely a measure of the amount of money…
Recently, there has been an intense debate in Europe on the TARGET2 system (Trans-European Automated Real-time Gross Settlement Express Transfer System 2), which is…