Now State takes over bankers’ contracts – Telegraph
Via Now State takes over bankers’ contracts – Telegraph: The new rules, which critics are likely to suggest amount to a State-enforced “incomes policy”…
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WSJ: The Man Who Predicted the Depression – WSJ.com
Via Mark Spitznagel: The Man Who Predicted the Depression – WSJ.com. Ludwig von Mises was snubbed by economists world-wide as he warned of a…
Read MoreJamie Murray Wells on entrepreneurship
Via ConservativeHome, excellent comment from Jamie Murray Wells, founder and Executive Chairman of Glasses Direct, the world’s largest online retailer of prescription glasses: A rich…
Read MoreThe Errors of Posen, New MPC Recruit
Norma Cohen in the Financial Times of 26 October 2009 wrote: Britain’s economy cannot recover unless its damaged banking system is restructured, the newest…
Read MorePredicting the bust
Via FT.com | Arena | What is the point of economists? : “Why did no one see the crisis coming?” Queen Elizabeth asked last…
Read MoreEntrepreneurship and the business cycle
Via the Quarterly Journal of Austrian Economics, our Chairman, Toby Baxendale, and our Founding Fellow, Dr Anthony J. Evans further the monetary theory of…
Read MoreJohn Kay warns us of the negative effects of one class having economic privilege over others.
This article is a timely reminder that economic privilege, be it from bankers who can lawfully run their businesses whist making no provision for…
Read MoreFT.com warns us of the impending commercial property bubble and its potential bursting!
http://www.ft.com/cms/s/0/c4e12218-ced4-11de-8a4b-00144feabdc0.html Caitlin Long warns us that there is another impending credit fuelled bubble that is due to be created to accommodate the commercial property…
Read MoreRoubini Predicts “Mother of All Carry Trade Unwinds” « naked capitalism
Nouriel Roubini has officially left the “hedging your bets on the economy” camp. He has declared the markets to be frothy because super low…
Read MoreHow Goldman secretly bet on the U.S. housing crash | McClatchy
WASHINGTON — In 2006 and 2007, Goldman Sachs Group peddled more than $40 billion in securities backed by at least 200,000 risky home mortgages,…
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