The future of free trade
byBy Tatiana L. Palermo The United States was never truly fond of free trade agreements (FTAs). Since 1984, the U.S. has signed FTAs with only 20…
The Fed and asset bubbles
byAccording to the Financial Times from October 18th 2020, senior Federal Reserve officials are calling for tougher financial regulation to prevent the US central…
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…