Responses to Bagus and Howden’s “quibbles” on free banking
byRegular readers may recollect Philipp Bagus and David Howden’s recent publication in the QJAE, where they provide a critique of fractional reserve free banking….
Book Review: Deep Freeze: Iceland’s Economic Collapse
byIf you believe in a Creator, then you must acknowledge that He (or She) possesses an incredible sense of humour. Without this, how do…
Study on Corporation Tax
byEarlier this week, The Taxpayers’ Alliance published a policy brief that I wrote on corporation tax. The report looks at the efficiency, fairness, simplicity,…
Fight of the Century: Keynes vs. Hayek Round Two
byJohn Papola and Russ Roberts, of EconStories, gave themselves a difficult problem when they created their first incredible Keynes vs. Hayek video. It was…
Fractional reserve banking and boom-bust cycles
byIn his various writings, the famous Austrian economist Murray Rothbard argued that in a free market economy that operates on a gold standard the…
The Delayed Effect of Printing Money via Quantitative Easing
byGold reaches £913 per ounce If political leaders and central bankers think that they can curb the currency debasing effect of QE merely by…
Birth and Death of the Celtic Tiger
byIn 2008 Eurostat reported that Ireland was the second richest country in the EU. Less than three years later, Max Keiser presents us with…
Mervyn King’s “Operation Bernhard”
byThe UK is in sorry shape today. The British can at least take comfort in knowing that things are still not anywhere near as…
Liam Halligan: America appears to be sleepwalking towards disaster – does no one care?
byHere is an excerpt from Liam Halligan’s splendid piece in today’s Telegraph: There is now, according to S&P, “at least a one in three…
BBC Radio 4: Bailout Boys Go to Dublin
byA fascinating BBC Radio 4 documentary was broadcast today, detailing the story of the Irish government’s recent bailout by the ECB. It is available…