Monetary discord
byLast Monday’s Daily Telegraph carried an interview with Jaime Caruana , the General Manager of the Bank for International Settlements (the BIS). As General Manger,…
Economics
Is there room for Austrian ideas at the top table?
by[Editor’s note: now that Steve Baker MP is on the Treasury Select Committee, it should be of interest to all Austrianists, and those interested…
Money, Macro and Markets
byIt was something of an irony last week when the idiots savants who constitute the upper ranks of the ineffable current incarnation of the…
Where is the US$ heading against major currencies?
byWithin the framework of our econometric model the key variable that drives a currency rate of exchange is the relative money supply rate of…
Time for change in the London bullion market
by[Editor’s note: The Cobden Centre is happy to republish this commentary by Alasdair Macleod, the original can be found here.] The London bullion market…
Competition and Finance
by[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…
Wood will burn
by“I am definitely concerned. When was [the cyclically adjusted P/E ratio or CAPE] higher than it is now? I can tell you: 1929, 2000…
GO: J.M. Keynes Versus J.-B. Say
by[Editor’s Note: this piece, by Steve H Hanke, Professor of Applied Economics and Co-Director of the Institute for Applied Economics, Global Health, and the…
A tale of two certainties
byIt is common knowledge that Japan is in extreme financial difficulties, and that the currency is most likely to sink and sink. After all,…
First glance at MAex
byThe recent update to the MA compilation method revealed a sudden reduction in the growth rate. However this was driven by a mysterious “improvements in…