Christina’s toxic cookbook
byKeynesian and other mainstream economists cannot explain the present crisis. That doesn’t seem to bother them. All they can offer is a description of…
Europe’s underground economies
by David HowdenOne significant issue arising in the crisis has been the size of some European underground economies. Politicians seek measures to increase public revenues as…
The Chinese and the eurozone
by Alasdair MacleodThe basic market problem is there is too much sovereign borrowing for the money available, which would normally drive interest rates sharply higher. Some…
ValueWalk interviews Detlev Schlichter
by Detlev SchlichterReproduced by kind permission of Jacob Wolinsky at ValueWalk.com Can you tell us a little bit about your background? I studied economics in my…
Hanging London out to dry: The impact of an EU Financial Transaction Tax
by Sam BowmanThis article was co-authored with Adam Baldwin and previously published at adamsmith.org. Our new report, released today, assesses the impact of a Financial Transaction…
A rush from sugar or a rush to gold?
by Tim Price“We think we have an agreement, but we are not sure what it is.” – Negotiator at the Euro zone “crisis summit” last week,…
Forcing others to obey is the issue, not greed
by Jamie WhyteMany of those occupying Wall Street and the City of London object to corporate greed. Yet greed is usually harmless. For example, I may…
Is deleveraging bad for the economy?
by Dr Frank ShostakTake for instance company X, which has equity of $200. The company borrows $800 and buys an asset worth $1000. In this example we…
Opponents of gold, get on your mark
by Toby BaxendaleA good article from Brian Domitrovic on Forbes.com: Let’s face it – we’ve seen what arbitrary government control and central bank manipulation can do….
The Keynesian ant heap
by Sean CorriganIn a recent op-ed in the Globe & Mail, Davos Man’s indefatigable mouthpiece for failed, mainstream thinking, Martin Wolf, passed the following verdict on…