The Argentine threat to the world financial system
byAn interesting upcoming event … The All Party Parliamentary Group on Economics, Money and Banking is pleased to invite you to a meeting hosted…
Economics
The essence of Ludwig von Mises’s business cycle theory
byIn the slump of a cycle, businesses that were thriving come to experience difficulties or go under. They do so not because of firm-specific…
The politics of fear
by“I’m getting increasingly worried about the free movement of people across Europe. It’s a very competitive world out there and my constituents resent that.”…
Goldilocks goes short
byAt the core of much of our analysis is the contention that the ebb and flow of easy money injections—potentially stimulative in the short…
The separation of money and state
by“So what do you think should be done?” I often get this question after I present my case against our fiat money system, and…
Financial regulators and the free market
byAdam Smith’s great insight was that in a commercial transaction both parties benefit. Before his time, it was generally believed that in an exchange…
On double-dip recession, Tullett Prebon rightly ask “What’s the big idea?”
byThe latest strategy note from Tullet Prebon asks, “What’s the big idea?” with the subtitle “the imperative need for a new ideology”, writing: Effective…
A plea for sanity
byAn article by Professor Lew Spellman has caught the attention of the sharp-eyed, and may indeed be important. Spellman, who in the past has…
Party on! (or not)
by“The sea’s freezing. A man won’t last long in that. We’ve drawn a bad hand this time.” “I’ve never been a good loser. I…
Is there no escape from the euro?
byAs I discussed recently, the costs and risks of maintaining the eurozone system are already immense and rising. So is an exit possible? Intuitively,…