Peter Schiff: The difference between production and consumption
byMr Schiff has produced two YouTubes since we were last with him. The first video, from the 26 of November, discusses the dollar and…
Economics
Having to repay a debt from one’s assets is now “unfair”
byOne interesting consequence of the UK’s submission to EU laws sprang to mind when reading a free copy of the Nov 28th Mail on…
Ludwig von Mises: Thoughts on Inflation
byIn 1958, the 77-year-old Ludwig von Mises delivered a remarkable series of six lectures to an audience of Argentinians, in the University of Buenos…
Currency devaluation and economic growth
byAccording to popular thinking the key to economic growth is demand for goods and services. It is held that increases or decreases in demand…
Horwitz: To the Opponents of Fractional Reserve Banking
bySteven Horwitz writes In some free-market circles fractional reserve banking (FRB) is blamed for everything from business cycles to bad breath. Defenders are seen…
King World News: Gold and Hyperinflation
byThere have been some great interviews on King World News recently. For those who might be snowed-in, and who therefore need some diverting entertainment,…
Nigel Farage: The game is up for the EU — The Euro is collapsing
byAfter his extraordinary speech to the EU last week, fired by the economic situation in Ireland, Nigel Farage was interviewed by Eric King on…
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…
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…