Moral Markets and Honest Money
Revised and updated: reconciling our conflicting views of the market through consistent principle and morality. This post originally appeared on www.stevebaker.info. A Christian friend…
‘Footsie pushes above 5,000’ but it will not last
Update: As the Footsie pushes above 5,000, we bring this post forwards and refer readers to Why is the FTSE going up? Hopes for a…
FT.com / Global Economy – Goldman chief hits at ‘useless’ banking
Lloyd Blankfein, chief executive of Goldman Sachs, has attacked some investment banking products as socially useless and said that the controversy over bankers’ pay…
Barack Obama accused of making ‘Depression’ mistakes – Telegraph
Barack Obama is committing the same mistakes made by policymakers during the Great Depression, according to a new study endorsed by Nobel laureate James…
Now it’s looking like V for victory over recession – Times Online
Responding to an article in The Times, Steven Baker indicates the origins of our views on the economic situation and its causes, of our…
Baxendale and Evans make the SSRN top ten
On 26 August 2009, Baxendale and Evans’ paper Assessing UK Money Supply Measures in Light of the Credit Crunch made the top ten papers of…
FT.com / Comment / Opinion – The risk of a double-dip recession is rising
Writing in the Financial Times, Nouriel Roubini, professor of economics at the Stern School of Business, asks questions which chime with The Cobden Centre:…
Strip the Bank of England of its power | Jamie Whyte – Times Online
Writing in The Times on 2 July 2009, Jamie Whyte called for the Bank of England to be stripped of its power to set…
Don’t just howl with rage. | Jonathan Freedland | The Guardian
The Guardian indicates the level of bonuses being paid by bailed-out banks and encourages the growth of credit unions. Here’s a figure to chew…
The economic paradigm and its shift
There are three prevailing theoretical frameworks in economics: Vienna (Austrian), Cambridge (Keynes) and Chicago (Monetarist). Via the Mises Institute and Kuhn, we indicate an…