Please don’t call this capitalism!
bySurprise, surprise, the Euro Zone debt crisis is back. Or was it never gone? As yields on Spanish and Italian government bonds are heading…
Building the BRIC wall
byThe Delhi Declaration translated Unless coming from North Korea or another dysfunctional dictatorship, diplomatic language is normally notoriously vague and, when on occasion specific,…
As easy as ABCT
byIn economics as with medicine any cure must begin with a sound diagnosis. But if economists were doctors the patient would have died on…
The Fed’s swap bailout of the eurozone
byOn Tuesday, March 26, 2012, I was invited by Ron Paul and his staff to assist a meeting of the Domestic Monetary Policy and…
Monetary activism caused the crisis and may cause a worse one later
byTwo weeks ago in the Budget debate, I set out how “monetary activism”, which is one of the pillars of the Government’s strategy, could…
Savings, investment, and the Keynesian preference – a follow-up
byFollowing on from last Saturday’s article … There is a general belief that government finances are somehow immune from the financial reality faced by…
The Golden Revolution
byContrary to the conventional wisdom of the current economic mainstream that the gold standard is but a quaint historical anachronism, there has been an…
Interview with James Turk
byA podcast for the GoldMoney Foundation … James Turk and Alasdair Macleod discuss the pros and cons of the gold standard, the benefits of…
Did Bernanke prevent another Great Depression?
byIn a lecture given at the George Washington University on March 27, 2012 the Chairman of the Fed said that the US central bank’s…
Problem solving
by“FTSE 100 could hit 7,000 if the Bank of England prints more money” – Telegraph headline implicating Legal & General’s Ben Gill as the…