The economic paradigm and its shift
byThere are three prevailing theoretical frameworks in economics: Vienna (Austrian), Cambridge (Keynes) and Chicago (Monetarist). Via the Mises Institute and Kuhn, we indicate an…
Where next for the economy?
byVia Entering the Greatest Depression in History by Andrew Gavin Marshall, indications of the possible path of the global economy: Entering the Greatest Depression…
Why is the FTSE going up?
byThe FTSE 100 Share Index has been riding high since it fell to a low of 3,512 on March 2, and continues to flirt…
Material Evidence: the appearance of greater prosperity
bySean Corrigan, Chief Investment Strategist at Diapason Commodities Management, in his 13 August briefing, comments on the illusion of prosperity created by new money…
Economic Interventionism, Banks and the Crisis
bySteven Baker presents a precis of de Soto’s Money, Bank Credit and Economic Cycles pp650-653, setting out an argument which was famously expounded by…
British Attitudes to Banking
byWho owns the money in your current account? How much is on reserve? Loaned? Please take our survey: British Attitudes to Banking.
The Problem with GDP
bySean Corrigan, Chief Investment Strategist at Diapason Commodities Management, has kindly agreed to the reproduction of his briefing “Material Evidence” by the Cobden Centre….
Sean Corrigan: “if banks simply had to comply with basic, everyday property and contractual law;”
bySean Corrigan, Chief Investment Strategist at Diapason Commodities Management, has kindly agreed to the reproduction of his briefing “Material Evidence” by the Cobden Centre….
Bank of England Increases Size of Asset Purchase Programme by £50 Billion
byAs the Bank of England announces more new money, we indicate counter arguments. Via Bank of England|Publications|News|2009|Bank of England Maintains Bank Rate at 0.5% and…
Henry John “Harry” Patch (17 June 1898 – 25 July 2009)
byChris Neal commemorates Harry Patch, who understood the human cost of violent conflict, asking, ‘What must Patch have thought about the loss of life…