A Contrarian’s Dilemma
byThis article from Tocqueville Asset Management is a must to read for anyone interested in the role gold plays in the investment portfolio of…
The 5 percent banking system bailout – The reciprocal of derivatives calculus
byThose unfamiliar with the fine detail of derivatives pricing, regulatory capital, and accounting may have been surprised by Warren Buffet’s 2002 observation that derivatives…
Martin Wolf: The eurozone’s next decade will be tough
byVia FT.com, Martin Wolf explains that “The eurozone’s next decade will be tough”: The crisis in the eurozone’s periphery is not an accident: it…
What Happened to “Efficient Markets”?
byBy kind permission of The Independent Institute, we republish a talk given by Cobden Centre Advisory Board Member Professor Peter J. Boettke of George…
“The State is a severe mother”
byFrom Lord Welby’s preface to The Political Writings of Richard Cobden, 1903 (PDF): The State is a severe mother. She demands from her noblest…
Razeen Sally, “Trade Policy, New Century”
byRazeen Sally’s Trade Policy, New Century (PDF) succeeds magnificently in explaining the 21st-century case for free trade and, specifically, unilateral trade liberalisation to the…
Thrifty families accused of prolonging the recession – Times Online
byVia Thrifty families accused of prolonging the recession – Times Online, yet more crass Keynesianism: Anxious families are repaying debts instead of spending in…
The Adam Smith Institute: A Beginner’s Guide to Liberty
byVia The Adam Smith Institute, A Beginner’s Guide to Liberty is now available, edited by Cobden Centre Senior Fellow Dr. Richard Wellings with contributions from…
Bastiat’s Iceberg: A Sean Corrigan Masterpiece for Christmas
bySean Corrigan of Diapason Commodities Management packs more sound applied economics into this report than ever: Toby Baxendale provides a commentary. This is a…
Don’t Blame the Federal Reserve – Stephen Mauzy – Mises Institute
byVia Don’t Blame the Federal Reserve – Stephen Mauzy – Mises Institute: Banks operate under a fractional-reserve system that allows them to create liabilities and…