As Safe as Houses?
byThis report from Arden Partners was originally published on the 24th of September. Why have house prices rebounded? In 1776 Adam Smith described Britain…
Economics
Art Cashin On The Coming Hyperinflation
byZero Hedge has published a vivid account of hyperinflation by Art Cashin: in 1922, the German Central Bank and the German Treasury took an…
Standard Chartered £3.3bn rights issue
byInteresting news on the wire: 13 October 2010 Standard Chartered PLC RIGHTS ISSUE TO RAISE GBP3.3 BILLION Standard Chartered PLC (“Standard Chartered” or the…
Desai: Building with straws
byMeghnad Desai – Building with straws – Financial Express Though this article suffers from the Ricardian-Marxian cost-of-production fallacy in trying to separate ‘price’ from…
The Staggering Economic Errors Behind The Policy of Quantitative Easing
byIn September of last year, I placed this article up on our web site detailing the theoretical errors behind the policy of quantitative easing….
Tom Woods: Learn Austrian Economics
byIn this crucial time of Keynesian madness, it is essential that everyone who wishes to avoid being wiped out by central planners tries to…
FT: Osborne go-ahead for Bank boost
byOn the front page of the Financial Times of Saturday the 9th of Oct 2010, under the title “Osborne go-ahead for Bank boost”, we…
Money supply and the US dollar
byMoney growth differential puts pressure on the US$ At the end of September the price of the Euro in US$ terms closed at 1.357…
Halligan: QE now seen as an aggressive depreciation tool
byAnother superb article from Liam Halligan: While the US has doubled its monetary base over the last 18 months, the UK’s base money supply…
Unreconstructed Keynesianism is alive and well
byIn a recent video interview in the Daily Telegraph (October 7, 2010), Keynes’s biographer, the noted historian Professor Lord Skidelsky, gives us the benefits…