Loose Money, Asset Price Cycles and the Decapitalization of the United States
byBen’s Bubbles and the Bonfire of American Capital Prepared by Kevin Dowd and Martin Hutchinson[1] for the 28th Cato Institute Annual Monetary Conference Asset…
Economics
Hayek-doubters re Denationalisation of Money: Eat Your Heart Out!
byA great article from Harvard Business Review: Once upon a time, there was a country where bankers disappeared. The bankers, fed up with regulation,…
Carswell and Baker on bank reform
byYesterday, Douglas Carswell and I spoke in the Chamber during the backbench banking debate. From Douglas’ speech: Banking is undoubtedly corporatist. To put it…
Gold Bugs: Swivel-eyed, Mad-eyed, Lunatic Fringe?
byMany of the authors and Cobden Centre advisory board members (including some distinguished academics) would like to see money eventually re-rooted back into some…
Haircuts on the horizon
byAnd so the pain goes on. European bank shares fell sharply last week as news of an €80bn-€90bn (£68bn-£76bn) bail-out for Ireland sparked fears…
The terrain of the banking debate today
byVia Parliament’s Order of Business for Monday 29 November 2010, we see the terrain of the the banking debate today. Michael Meacher’s motion comes first,…
Max Keiser: The Collapse of the EU and the Rise of the Fourth Reich?
byWith Ireland and Greece et al, falling under the demeaning tutelage of the world government’s IMF and World Bank, the appropriately-named Max Keiser has…
EU rescue costs start to threaten Germany itself – Telegraph
byThe escalating debt crisis on the eurozone periphery is starting to contaminate the creditworthiness of Germany and the core states of monetary union. via…
Exorbitant Privilege & Unlearned Lessons
byPace those who have made such a big deal out of Chairman Bernanke’s November 19th speech, but it is hard to find anything therein…
Learning the Wrong Lessons from Ireland
byAs the bailout of Ireland begins in earnest, many in the media are asking “What went wrong?”, and coming to some dubious answers. The…