Horwitz: To the Opponents of Fractional Reserve Banking
bySteven Horwitz writes In some free-market circles fractional reserve banking (FRB) is blamed for everything from business cycles to bad breath. Defenders are seen…
King World News: Gold and Hyperinflation
byThere have been some great interviews on King World News recently. For those who might be snowed-in, and who therefore need some diverting entertainment,…
Nigel Farage: The game is up for the EU — The Euro is collapsing
byAfter his extraordinary speech to the EU last week, fired by the economic situation in Ireland, Nigel Farage was interviewed by Eric King on…
Cobden Centre Radio: The Irish Situation from an Austrian Perspective
byIn an illuminating and fascinating 30-minute interview, I spoke tonight to Professor Gerard Casey about the current economic and political situation in Ireland, mixing…
Loose Money, Asset Price Cycles and the Decapitalization of the United States
byBen’s Bubbles and the Bonfire of American Capital Prepared by Kevin Dowd and Martin Hutchinson[1] for the 28th Cato Institute Annual Monetary Conference Asset…
Hayek-doubters re Denationalisation of Money: Eat Your Heart Out!
byA great article from Harvard Business Review: Once upon a time, there was a country where bankers disappeared. The bankers, fed up with regulation,…
Carswell and Baker on bank reform
byYesterday, Douglas Carswell and I spoke in the Chamber during the backbench banking debate. From Douglas’ speech: Banking is undoubtedly corporatist. To put it…
Gold Bugs: Swivel-eyed, Mad-eyed, Lunatic Fringe?
byMany of the authors and Cobden Centre advisory board members (including some distinguished academics) would like to see money eventually re-rooted back into some…
Haircuts on the horizon
byAnd so the pain goes on. European bank shares fell sharply last week as news of an €80bn-€90bn (£68bn-£76bn) bail-out for Ireland sparked fears…
The terrain of the banking debate today
byVia Parliament’s Order of Business for Monday 29 November 2010, we see the terrain of the the banking debate today. Michael Meacher’s motion comes first,…