Paul Krugman Has Gone Too Far This Time: Let’s Re-Train Him As a Cosmonaut
I admit it: I have never been a big fan of Paul Krugman. I do not care for his vulgar Keynesianism or his vulgar…
Wanna Invest in a Cryptocurrency? How about LEOcoin?
I am sometimes asked what investors should look for if they are thinking of investing in a cryptocurrency. My initial reaction is that I…
Should a Bank in Difficulties Receive Assistance?
This was the question put to me by Treasury Committee Chairman Andrew Tyrie MP when I appeared before the Committee on January 6th to…
Models, Damn Models and Statistics, or Math Gone Mad
Parliamentary committees are not especially noted for entertainment, but the November Treasury Select Committee hearing on the Bank of England’s Inflation Report is a…
The Future of Bitcoin
Later today, I will be speaking at this year’s Cato Annual Monetary Conference in Washington, DC. The theme of this year’s conference is positively…
Math Gone Mad: Regulatory Risk Modeling by the Federal Reserve
The U.S. financial system faces a major, growing, and much under-appreciated threat from the Federal Reserve’s risk modeling agenda—the “Fed stress tests.” These were…
Understanding Deposit Insurance (I): Deposit Insurance is a Creature of the State
Deposit insurance is one of the most misunderstood – and also most dangerous – forms of government intervention into the financial system. Let’s…
Competition and Finance
[Editor’s note: The Cato Institute will be publishing Cobden Senior Fellow Kevin Dowd’s work “Competition and Finance” for free in ebook format. The following…
New private monies can outcompete government monetary systems
[Editor’s note: this article was originally published by the IEA here] I would like to thank the IEA for today publishing my monograph, New Private…
The 2012 Baker Bill: a programme to end financial crises
Earlier today Conservative Steve Baker MP put forward a Private Member’s Bill, the Financial Institutions (Reform) Bill, which outlines a programme of radical reforms…