A new golden age
“The designers of the good ship euro wanted to create the greatest liner of the age. But as everybody now knows, it was fit…
Splendid isolation ?
“Clearly, Field Marshal Haig is about to make yet another gargantuan effort to move his drinks cabinet six inches closer to Berlin.” – Captain…
A rush from sugar or a rush to gold?
“We think we have an agreement, but we are not sure what it is.” – Negotiator at the Euro zone “crisis summit” last week,…
Robot judges and the watched pot
“Gold – a six thousand year-old bubble” – Headline of an FT piece from 2009 by Willem Buiter. There are still reasons to like…
Groundhog Year!
“If you are going to buy worthless banks then it makes sense to use worthless money to do it.” – Posting on The Daily…
Received wisdom
Mises was infinitely patient and kind with even the most dim-witted of us, constantly tossing out research projects to inspire us, and always encouraging…
Literae humaniores
TB: Tim Price is a fund manager who has a very good grasp of economics and certainly is Austrian-aware and supportive. Like many who…