The (quantity) theory of money and credit
byThe Quantity Theory of Money seems straightforward, but a little thought about it brings up many questions. Different economists have taken different approaches to…
Economics
Snake oil economics
by Sean CorriganThe world’s biggest, richest, most comprehensive statistical agency has just announced significant revisions to the mainstream economists’ bellwether number – US GDP – and…
Not default, growth: Wall Street, Main Street and even Washington gets it now
by Ralph BenkoA view from America, originally published at Forbes Blogs. The signals were crystal clear that even without a deal Washington absolutely was not going…
TCC’s John Tomlinson talks at the Nassau Institute
by Dr Tim EvansBack in the spring, TCC advisory Board Member John Tomlinson spoke at the Nassau Institute . Author of the seminal book, Honest Money, John…
Hurrah for Business First Magazine!
by Dr Tim EvansI usually become unsettled when I read most business magazines on the basis that they are rarely about business. Instead, their articles, interviews and…
The failure of monetary socialism
by John PhelanThere is a story from the Cold War era about a Soviet official who travelled to London. As he was shown around he couldn’t…
Exhausted commodities?
by Sean CorriganIn recent weeks, we have argued strongly against any relapse into Malthusianism or any of the other, fashionable Green neuroses which readily afflict those…
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…