Mal-investments small and large
byIn yesterday’s article I emphasised that it is profit that is beneficial, not revenue. I’ve just read an excellent article (H/T Sean Corrigan) by…
What the classical economists knew and the moderns have forgotten
byAt times of recession, like we have today, a range of dodgy economic ideas that have been refuted several times over during the last…
Big Brother loves you!
by“All within the state, nothing outside the state, nothing against the state.” Benito Mussolini Those who have eyes to see and ears to hear…
A challenge for 2012 – part two
byA challenge for 2012 – part one was to read The Theory of Money and Credit by Mises on its 100th year anniversary. The…
Beyond the Mondragon experiment
byWhen Labour peer Maurice Glasman recently went on BBC Radio 4 with TCC’s Detlev Schlichter I was disappointed and a little taken aback to…
FEDging the figures
byBoth the US Federal Reserve and the European Central Bank are now offering limitless quantities of new money – the ECB to support the…
Living off immoral earnings
byContender for leading meme of our time is the idea, fast becoming conventional wisdom, that capitalism is somehow experiencing a crisis. UK Prime Minister David Cameron (or his speechwriter) suggested last week that it is now the time to use the “crisis of capitalism to improve markets, not undermine them.”
If the Prime Minister were capable of framing the problem correctly, he would have said that it was now the time to use the “crisis of statism to introduce markets”.
We don’t need no regulation
byTaking the title from a recent Guardian article, Jan Skoyles looks at the arguments made by Thomas Frank, in his new book ‘Pity the…
Are you ready for EuroCrash the musical?
byI am not joking. It has finally happened. And I want to see it. As reported by Bloomberg, ‘Euro Crash! The Musical’ is coming…
Even the past is going to be unpredictable
byLast week I met with an American executive who works in the financial services sector. She is a firm and knowledgeable supporter of the…