Under Two Flags
byThe conduct of the Bank, in inflating the currency, produces a rise of prices. The prices of all commodities gradually rise; that begets what…
Can Conservatives be Libertarians?
byCan Libertarians be Conservative? An overwhelming prejudice in favour of ancient and existing usages has ever been, and probably will long continue to be,…
The Debt–Inflation Cycle and the Global Financial Crisis
byPreviously published in Global Policy, Volume 2, Issue 2, May 2011 London School of Economics and Political Science. Peter J. Boettke and Christopher J….
Nothing Solved! – An outlook
byWant to know what is the biggest threat to your prosperity? Look no further than the policy statement released last night by the U.S….
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…