We are on the road to serfdom
byWe are now five years into the Great Fiat Money Endgame and our freedom is increasingly under attack from the state, liberty’s eternal enemy….
Economics
What’s behind Estonia’s success story?
byAgainst the background of a severe economic crisis in the Euro-zone one is surprised to find a member of the Euro area that is…
Teach a man to fish
byAfter the recent sharp rally, October finds financial markets stuck in something of a pause now that the buy-the-rumour-sell-the-fact nature of the FOMC’s decision…
The SCO, China, Iran, and gold
byI make no apology for returning to the subject of China, its role in the Shanghai Cooperation Organisation, and gold. Gold is now a…
Making globalisation work requires real money
byThe production process is based on the division of labor. Each manufacturer specialises in obtaining certain products and obtains other goods he needs through the exchange….
Think small
by“Sir, John Maynard Keynes’ later career as an investor ended well but Gavyn Davies claims too much for his novelty and rarity (“Keynes would…
Signs of the gold standard emerging In China?
byAs noted in last week’s column about the rising recognition by authorities in Germany about the virtues of gold, the gold standard is receiving impressive…
A vicious cycle
byFor some months now, leading indicators the world over have been pointing toward slower growth ahead. It’s not just about the euro-area any more….
Must free trade be reciprocal?
byThis classic essay by Frédéric Bastiat was recently featured at Mises.org. It was first published in 1845, as the tenth chapter of Bastiat’s Economic Sophisms. We…
Helicopter Ben flies again
bySome of the dust from Ben Bernanke’s “QE3” announcement on 13 September has settled. The Federal Reserve is now committed to spending $40 billion a month…