“But there is no inflation!” – Misconceptions about the debasement of money
by“But there is no inflation!” – This is a statement I hear quite often, sometimes from people who are, in principle, sympathetic to my…
Economics
What’s killing our economy? Money.
byA version of this article was previously published in The Independent. We publish it here with the author’s permission. I subscribe to George Orwell’s…
How the West was lost
by“Sir, I see Sir Mervyn King has signalled that he no longer believes that price stability should be the Bank of England’s primary objective….
Gold bullion flowing from West to East
byEarlier this month Eric Sprott circulated a paper, co-authored by him, which concluded that Western central banks have considerably less physical gold than they…
London Mises Circle November meeting
byThe seminars hosted by Ludwig von Mises, first in Vienna and later in New York, have a key place in the history and development…
Roger Bootle’s prize winning advice to the Greeks: sit still while we rob you!
byThis summer Roger Bootle won Lord Wolfson’s £250,000 prize for the best advice for a country leaving the European Monetary Union (one may assume…
A tweet too far?
by“Unbelievable jobs numbers…these Chicago guys will do anything…can’t debate so change numbers.” So read the ‘tweet’ that the media immediately labeled a ‘conspiracy theory’,…
Boom
by“Giarre, a town in eastern Sicily, sits above the sea on the slopes of Mount Etna. It was once a collection point for the…
Czech national bank vice governor Hampl on the Czech economy and the eurozone
byEarlier this week I interviewed Mr Hampl of the Czech National Bank. He made a number of interesting observations concerning his own country, the…
Is deflation a major threat to the eurozone?
byIn its October 2012 World Economic Outlook report the International Monetary Fund (IMF) said that the European Central Bank (ECB) should keep interest rates…