The ABC(T) of the Crisis
by‘And on one occasion I almost got [Keynes] to understand what I mean when I tried to explain to him that in certain circumstances…
View from the bridge
byFollowing the creation of The Cobden Centre by its Chairman, Toby Baxendale, today the organisation is starting to come to the end of its…
Niall Ferguson on Keynesianism
bySteve Baker’s researcher, Tim Hewish, found an interesting CNN interview with Niall Ferguson on the US approach to the economic crisis: … the way…
Matt Ridley on trade
byA modest antidote for excessive pessimism can be found from listening to the latest interview at econtalk.org with Matt Ridley, author of the Rational…
Inflationary expectations and economic growth
byIn its September 21 meeting Fed officials expressed concern that the US rate of inflation is far too low. Also, on Friday the Fed…
Does the “fallacy of composition” apply to the banking sector?
byThe fallacy of composition misleads you into thinking that you can infer the property of the whole by the property you can observe in…
Ben Davies: Japan being squeezed, gold going up
byFollowing on from an earlier piece, Ben Davies of Hinde Capital discusses the current Japanese economic environment before wrapping up with the precious metals…
Ben Bernanke’s Latest Bubble
byEver since Chairman Bernanke’s infamous Jackson Hole speech in August, markets – previously beginning to wilt under the weight of relatively poor economic numbers…
Why the policy of price stability leads to more instability
byThe whole idea of price stability originates from the view that volatile changes in the price level prevents individuals from clearly seeing market signals…
Kevin Dowd: A tale of three capitalisms
byProfessor Kevin Dowd has penned an excellent article for the Institute of Economic Affairs. Here’s a sample quote: Then there is the third and…