FT.com / Comment / Opinion – The risk of a double-dip recession is rising
byWriting in the Financial Times, Nouriel Roubini, professor of economics at the Stern School of Business, asks questions which chime with The Cobden Centre:…
Strip the Bank of England of its power | Jamie Whyte – Times Online
byWriting in The Times on 2 July 2009, Jamie Whyte called for the Bank of England to be stripped of its power to set…
Bailing out the Banks – Glaring Evidence of Moral Hazard
byGordon Kerr, a banker with expertise in derivatives and foreign exchange, explores the evidence of moral hazard in the bank bail outs. By rescuing…
Don’t just howl with rage. | Jonathan Freedland | The Guardian
byThe Guardian indicates the level of bonuses being paid by bailed-out banks and encourages the growth of credit unions. Here’s a figure to chew…
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.