Why Keynesian multiplier is an illusion
byFor most economists and financial commentators the heart of economic growth is the increase in the demand for goods and services. It is held…
Excerpt from The Political Writings of Richard Cobden Part II
byIt will be seen that all which has been stated bears indirectly, but conclusively, upon the question of Russia and Turkey, and affords an unanswerable…
Excerpt from The Political Writings of Richard Cobden
byVolume I, Part II. Chapter IV. PROTECTION OF COMMERCE. I.7.1 WE began the preceding remarks upon a question which, however universally recognised in former…
I.T. bites
by“Mark Zuckerberg is now living out every young person’s worst nightmare: trying to explain how tech stuff works to the nation’s elderly.” Tweet by…
The Deflation/Inflation Debate
by“Naïve inflationism demands an increase in the quantity of money without suspecting that this will diminish the purchasing power of the money.” ― Ludwig von…
My Op-ed in CityAM on Monetary Reform
by“This week, the first Annual Summit on Economic Freedom will take place in the European parliament. I will have the pleasure of debating with…
Daniel Hannan MEP Joins The Cobden Centre
byWe are pleased to welcome Daniel Hannan MEP to the board of directors of The Cobden Centre. I have also joined the board of…
First Annual Economic Freedom Summit in European Parliament
byThe first Annual Economic Freedom Summit took place in the European Parliament last week on the 11th and 12th April. Initiated by Amjad Bashir…
Zero Hedge — Citi: “There Is A Massive Problem” With The Bond Market
byIs the global economic recovery over? That is the question investors are grappling with just as Q1 earnings season – the best since 2011 with its…
Krugman dismisses that an increase in money supply causes inflation
byIn the New York Times article on March 27, 2018 – Immaculate inflation strikes again – Paul Krugman argues that those economists who are…