Old wine
byAs regular readers of these scribblings have hopefully come to appreciate, this is not the place to come to slake your thirst for mechanistic…
Reshaping risk-taking incentives
byThe evolution of banking as I have described it has satisfied the immediate demands of shareholders and managers, but has short-changed everyone else. There…
Simplicity – Grant Williams on gold
byFor anyone who is interested to understand what money is and what’s happening to it, I strongly recommend you listen to these two presentations.
Will the real Adam Smith please stand up
by“Adam Smith had one overwhelmingly important triumph: he put into the center of economics the systematic analysis of the behavior of individuals pursuing their…
The Great Repression
by“No government has ever commanded the resources at the disposal of our ungodly Leviathan, which consumes about 25% of the product of the world’s…
Gordon Kerr critiques the Greek bailout on Bloomberg
byI was glad to see Cobden Partners’ Gordon Kerr on Bloomberg yesterday, explaining why the Greek bailout will fail: As I wrote elsewhere, the…
Loose monetary and fiscal policies, not high levels of debt, are the real economic threat
byIn his Outside the Box E-Letter February 13 2012, respected economic commentator John Mauldin presents an interview with Dr Lacy Hunt, a highly regarded…
A new gold commission?
byA view from America … “The gold standard is a modern, digital, information-sharing, global operating standard. Moreover, it is a stable, networking, efficient, price…
Time to give up the fiat pancakes
byToday is Pancake Day and whilst many, including The Real Asset Co research desk, will be enjoying it, there is still an ongoing economic crisis…
The destruction of savings by inflation
byIn the past, insurance companies and pension funds have been keen to advertise the benefit of compounding arithmetic for savings. Over the last 30…