The Deflation/Inflation Debate
“Naïve inflationism demands an increase in the quantity of money without suspecting that this will diminish the purchasing power of the money.” ― Ludwig von…
Read MoreEconomics
Zero Hedge — Citi: “There Is A Massive Problem” With The Bond Market
Is the global economic recovery over? That is the question investors are grappling with just as Q1 earnings season – the best since 2011 with its…
Read MoreKrugman dismisses that an increase in money supply causes inflation
In the New York Times article on March 27, 2018 – Immaculate inflation strikes again – Paul Krugman argues that those economists who are…
Read MoreHow to Use Methodological Individualism
I first met Professor Salin in late 1997, in his office at the University of Paris-Dauphine. When I mentioned that I had been drawn…
Read More
What to expect from Central Bankers
The Federal Reserve continues to tighten and other Central Banks will follow The BIS expects stocks to lose their lustre and bond yields to…
Read MoreMises the Man and His Monetary Policy Ideas Based on His “Lost Papers”
One day in 1927 Austrian economist, Ludwig von Mises, stood at the window of his office at the Vienna Chamber of Commerce, and looked…
Read More
The Looming Mortgage Liquidity Crisis
By Doug French Every 10 years or so there is a banking crisis. We are due. However, the furthest thing from most people’s minds with…
Read More
Stocks for the Long Run but not the short
In the long run stocks outperform bonds For a decade stocks, bonds and real estate have risen in tandem The risk of a substantial…
Read MoreStockman: Now It Begins—America’s State Wreck Gathers Steam, Part 1
Now it begins. They bought the February 8th dip just like the previous 40 odd plungelets in the stock averages since the March 2009 bottom, expecting another…
Read MoreWhy mainstream economics consistently fails to explain the occurrence of recessions?
In his article released on March 21 2018 – Economics failed us before the global crisis – Martin Wolf the economics editor of The…
Read More