Could Bitcoin be the money of the future?
byThe crypto-currency Bitcoin is still merely a speck on the global monetary landscape. It is young, experimental, and for all we know, it may…
Economics
Would the real Peter and Paul please stand up?
byIn a previous life as a London-based ‘global strategist’ (I was never sure what that was) I was known as someone who was worried…
Spoiler warning
byFollowing Tim’s lead at The price of everything, we’re republishing this article from November 2011 … “I am certain that my fellow Americans expect that…
London Mises Circle – April
byThis month’s meeting of the London Mises Circle will take place at the Institute of Economic Affairs on April 25th. Abhinandan Mallick will give…
The bankruptcy of governments
byThe following is a transcript of the “Adam Smith Lecture” I gave at a private gathering in London on 19 February. For a long…
Thorsten Polleit on the gold standard that never was
byThe distinguished and forthright Professor Thorsten Polleit explains why we’ve failed to see a real free market money for several hundred years… Episode 115:…
Ah! Gold.
byGold’s swoon has triggered a good deal of schadenfreude, some subtle, some less so. It’s hardly a surprise after eleven years of gains and…
Gold sell-off: there is only one question that matters
byLast Friday I participated in a (very short) debate on BBC Radio Four’s Today Programme on the future direction of gold. Tom Kendall, global head of…
Hunting witches
by“To the socialists of all parties (to whom F.A. Hayek dedicated ‘The Road to Serfdom’), ‘The Constitution of Liberty’ is anathema. Hayek, they believe,…
The Bitcoin money myth
byMany economists and financial commentators believe that in the unregulated market of the internet economy, new forms of money can be created that bypass…