The official start of the European transfer union
byThere are basically three scenarios for the future of the European Monetary Union as I argue in my book The Tragedy of the Euro….
Bernanke’s blind side
byThe world financial system is skating on thin ice, and that ice can crack at any moment. The instabilities of the global paper money…
The forgotten liberal ideas of M.K. Gandhi
byMohandas Karamchand Gandhi is now in the headlines once again, this time for an alleged ‘bisexual’ affair. Provocatively-titled biographies such as ‘Gandhi: Naked Ambition’…
Why doesn’t Free Banking work now?
byThe most basic theory of (fractional-reserve) free banking concerns the supply of money and demand for money. At some times the public on net…
What type of Free Banking do we want?
byThe article below represents the intellectual endeavours of two of the young stars of the Austrian School to address some of what they describe…
What is behind the predictive power of the yield curve?
byAfter rising to 3.33% in March, the differential between the 10-year US Treasury Note and the federal funds rate eased to 3.07% at the…
The privileged few have eaten everybody else’s lunch
byAnother great interview with Sean Corrigan on CNBC Airtime: Mon. Jul. 18 2011 | 7:00 AM ET Big US banks should have been allowed…
Two sound articles chime with TCC
byThere are two excellent articles in today’s press. The first is in written by Ambrose Evans-Pritchard and appears in the Daily Telegraph. It is…
Engaging friends from the Balkans and Eastern Europe
byThis morning, I addressed on behalf of TCC twenty young people at a ‘Balkans and Eastern Europe Regional Youth Conference’, hosted in London. Under…
AEP: Return of the Gold Standard as world order unravels
byCobden Centre readers may find it heartening that Ambrose Evans-Pritchard is now showing an interest in hard money: On one side of the Atlantic,…