The Importance of Debate on Banking Freedom
byA recent QJAE paper by Bagus and Howden has reignited the controversy over Fractional Reserve Free Banking versus Full (100%) Reserve Banking. Per Toby…
Economics
Henry Hazlitt archive available
byThree of the world’s leading centres of liberty – the Foundation for Economic Education, Liberty Fund and the Universidad Francisco Marroquin, have joined forces…
Welfare and the case for honest money
byI do not doubt that the Government is sincere in its wish to make Britain “open for business” and to deliver greater life chances…
Book Review: Egalitarianism as a Revolt Against Nature, and Other Essays
byThe remarkable thing about being an aspiring Rothbardian, is that no matter how much Rothbard you read, the next virgin Rothbard book up on…
Professor Philipp Bagus joins the Cobden team
byI am pleased to announce that Professor Philipp Bagus is now a fully signed up member of The Cobden Centre’s Advisory Board. A Professor…
Mechanistic vs Institutional Government
byEnergy policy from an Austrian perspective: “Britain’s 3 pin energy policy” (5 Apr 2011) There are two approaches to government and economics: Mechanistic Institutional…
Some More Quibbles with Free Banking
byIf you are interested in monetary theory and what the Austrian School has to say about this debate, the paper that Anthony linked to…
Billionaire Defender of the Statist Quo
byPsychologists should have no problem explaining our tendency to readily attribute success in investing or trading to skill and not luck. This tendency is…
Timo Soini: Why I Won’t Support More Bailouts
byTimo Soini: Why I Won’t Support More Bailouts The above-linked article is an op-ed penned by the leader of the ‘True Finns’ party who…
Under Two Flags
byThe conduct of the Bank, in inflating the currency, produces a rise of prices. The prices of all commodities gradually rise; that begets what…