The Fed and ECB: Average inflation targeting for two
byBy Enrico Colombatto Regardless of the letter of their statues, the two major central banks of the West, the United States Federal Reserve and…
Central Banks and the Problem with Playing God
byToday’s Western institutions have long been deemed to be sacrosanct. As a matter of fact, though, nation-states are increasingly met with reservation or even…
The Cobden Centre wins Funding from the Artificial Intelligence Journal
byWe are delighted and honoured that the Cobden Centre has received funding from the Artificial Intelligence Journal (JAI). JAI is one of the oldest…
Japan Embraced Debt as a Way out of Its Budget Crisis. It’s Not Working.
byThe sudden resignation of Japans Prime Minister Shinzo Abe has led to evaluations of his so-called Abenomics. Many have praised Abe’s aggressive monetary policy…
Can constant money growth rule prevent boom-bust cycles?
byAccording to the Nobel Laureate in Economics, Milton Friedman, the key cause of the business cycles is the fluctuations in the growth rate of…
The Future of Forecasting in a Post-Covid World
byby Calum Nicholson When we reflect on the last half decade – from the domestic politics of the ‘west’ in the age of social…
A brief history of economic policy triumphs
by“If you put the federal government in charge of the Sahara Desert, in five years there’d be a shortage of sand.” Milton Friedman. Shortly…
Why inflation is not about general increases in prices
byFor most commentators, inflation is about general increases in the prices of goods and services. From this, it is established that anything that contributes…
Is demand independent of production?
byFollowing the ideas of John Maynard Keynes and Milton Friedman, many commentators associate economic growth with increases in the demand for goods and services….
How Central Banks Created a $250 Trillion Global Debt Bubble
byWe created this animation a couple of years ago which we have used in various settings. Feel free to forward around as a brief…