The EU’s proposed regulation of markets in crypto assets
by Professor Elisabeth Krecké Cryptocurrencies are no longer a marginal phenomenon limited to nerdy online communities. They are increasingly acquired by companies, investment funds…
Read MoreEconomics
Gold standard and boom bust cycles
By Dr Frank Shostak According to the Austrian Business Cycle Theory (ABCT), the boom-bust cycle emerges in response to a deviation in the market…
Read MoreA Review of the Book Salazar: The Dictator Who Refused to Die By Tom Gallagher
(London: Hurst & Company, 2020, 350 pages) By Jesús Huerta de Soto I was a small child when I first heard Salazar, the Portuguese…
Read MoreThe Bear’s Lair: The Oxfordshire School of economic thought
MARTIN HUTCHINSON Oxfordshire, beautiful rolling land of small villages before 1900, may seem (outside the eponymous University itself) an unlikely seedbed for an economic…
Read MoreReview: Austrian Economics – An Introduction by Steven Horwitz
June 27 saw the passing of economist Steven Horwitz at the age of 57. His loss will be felt by all who value not…
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Inflation or Lockdown Whiplash?
Mainstream analysis sees rising consumer prices, and looks for a monetary cause. Also, when it sees an increase in the quantity of dollars, it…
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This Is a Weak Jobs Recovery
By Daniel Lacalle The United States’s jobs recovery is extremely poor, especially if we consider the size of the monetary and fiscal stimulus and…
Read MoreThe Phillips curve myth
By Dr Frank Shostak According to a popular way of thinking, the central bank can influence the rate of economic expansion by means of…
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Commodities, Supply-chains and Structural Changes in Demand
Talk of a new commodity super-cycle may be premature Once GDP growth returns to trend, commodity demand will moderate Fiscal and monetary relief are…
Read MoreInterest rates and the Fed what is the relation?
By Dr Frank Shostak It is widely held that the central bank is a key factor in the determination of interest rates. By popular…
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