Mises can save the world
byIf they had listened to Mises in 1927, the world might have been saved. There would have been no Holocaust, Gulag, bombing of civilians,…
Economics
Can money pumping solve the European economic crisis?
byRecently we have noticed that many more commentators and various important experts have been advocating aggressive monetary pumping by the European Central Bank to…
The triumph of politics
byOn August 15, 1971, President Richard Nixon declared that the United States would no longer honour its promise to exchange US dollars held by…
The wasteland
byThe world of ‘alternative’ energy has been no stranger to embarrassment of late, whether it be leading windmill-maker Vestas’ 96% plunge to a 14-year…
The inevitable death of the euro
byOn Thursday the European Central Bank’s Mario Draghi was moved to defend the euro, after Spain’s government bond yields rose dramatically through the 7%…
Foreword to Liberalism
byIt was a great pleasure and a privilege to be asked by Jeff Tucker of Laissez Faire Books to write this foreword to Liberalism,…
Legacy’s big one
by“Hello London, this is the mayor, and this is the big one.” – Tannoy announcement replayed endlessly over the last month to London commuters…
Caught in a debt trap
byIn October 2010, I wrote in the Amphora Report titled Guess What’s Coming to Dinner: Inflation! that sharply higher agricultural commodity prices were going…
Hiding behind big numbers
byHiding behind the big numbers. One million seconds is 11 days. One billion seconds is 32 years. One trillion seconds is 32,000 years. It…
Broke bank mountain
by“During the 17th century, Scottish investors had noticed with envy the gigantic profits being made in trade with Asia and Africa by the English…