Exhausted commodities?
byIn recent weeks, we have argued strongly against any relapse into Malthusianism or any of the other, fashionable Green neuroses which readily afflict those…
Economics
The greatest show on Earth
by Sean CorriganSo, the European elite have temporarily managed to contain the submerging market contagion which was threatening to blow apart their beloved superstate and have…
Hayek vs Keynes at the LSE
by John PhelanJuly 26th saw one of the most eagerly anticipated economic events of recent years. At the London School of Economics (former employer of Friedrich…
Brazil
by John PhelanWith his history in the transfer market there is no guarantee that Carlos Tevez won’t still end up at Brazilian side Corinthians. But even…
Money out of “thin air”
by Dr Frank ShostakBy fulfilling the role of an intermediary, banks are an important factor in the process of real wealth formation. Banks facilitate the flow of…
The official start of the European transfer union
by Prof Philipp BagusThere are basically three scenarios for the future of the European Monetary Union as I argue in my book The Tragedy of the Euro….
Bernanke’s blind side
by Detlev SchlichterThe world financial system is skating on thin ice, and that ice can crack at any moment. The instabilities of the global paper money…
The forgotten liberal ideas of M.K. Gandhi
by B. ChandrasekaranMohandas Karamchand Gandhi is now in the headlines once again, this time for an alleged ‘bisexual’ affair. Provocatively-titled biographies such as ‘Gandhi: Naked Ambition’…
Why doesn’t Free Banking work now?
by Robert ThorpeThe most basic theory of (fractional-reserve) free banking concerns the supply of money and demand for money. At some times the public on net…
What type of Free Banking do we want?
by Toby BaxendaleThe article below represents the intellectual endeavours of two of the young stars of the Austrian School to address some of what they describe…