A Review of Stock Market Valuations – Part 2
byAs global stock markets continue to rise, commentators talk of a bubble Shorter-term indicators suggest the markets have run ahead of fundamentals Expectations about…
Announcement: Documentary on the Economics of the Global Debt Bubble
byThe Cobden Centre is putting plans together for a documentary the economics of the global debt bubble. We already have members of Parliament, bankers,…
A Review of Stock Market Valuations – Part 1
byAs global stock markets continue to rise, commentators talk of a bubble Longer-term indicators present mixed signals about valuation Expectations about the speed of…
Did money emerge as a result of a government ruling?
byBy Dr Frank Shostak By some theories such as the Modern Monetary Theory (MMT), money originated on account of the government decree. Money according…
Can decline in money velocity offset the effect of money supply growth on price inflation?
byBy Dr Frank Shostak At the end of January, the yearly growth rate of our measure of US money supply (AMS) closed at 76.7%…
F.A. Hayek on the Discovery, Use, and Transmission of Knowledge
byby Thomas D. Howes | 13. October 2020 Not only in the business world our decisions depend on many factors. Yet how do we know what…
Reinventing the Gold-Backed Deutsche Mark
byThe seeds of sound-money destruction were sown at the 1944 Bretton Woods Conference, which established that US dollars could be held as central bank reserves…
Gamestop Market Mayhem and the Sickness of the Economy
byBy Weimin Chen This January has carried on the torch of 2020’s drama. In its final week, a down-and-out video game retail chain, members…
Is technical knowledge the key driver of economic growth?
byAccording to some commentators such as Nobel Laureate in Economics Paul Romer, technical knowledge is key to economic growth. We hold that if this…
Gold Could Offer a Way out of Switzerland’s Failing Inflationist Experiment
byNever mind that the US Treasury’s indictment late last year of Switzerland as a currency manipulator rested on some flawed evidence and does not…