Is deflation the root of all evil?
byOn Friday July 30 the St. Louis Federal Reserve Bank President James Bullard, speaking on CNBC television, said that the Fed must weigh medium-term…
Economics
The Big Society, Cameron, Nichols, Hayek and the Last Pope
byWe are told in this weekend’s Sunday Telegraph that: Listening to David Cameron’s first speech on the steps of Downing Street, Archbishop Vincent Nichols…
Peter Schiff: Why the Fed won’t raise rates
byOh! what a tangled web we weave When first we practise to deceive! Sir Walter Scott, 1st Baronet Mr Schiff opens up his latest…
Dying of Money: Lessons of the Great German and American Inflations
byIn a recent article by Ambrose Evans-Pritchard on ‘The Death of Paper Money’, AEP mentioned a book on eBay which the great and the…
Huerta De Soto on Entrepreneurship and the Division of Knowledge
byThe Subjectivist Revolution in Economics Continues Humans act and they act purposefully: this is the axiom of action proposed by Ludwig von Mises, teacher…
Improper Fractions
byNo arguments are to be looked at with more suspicion than those which, from the acknowledged impossibility of attaining to perfection, would infer that…
Mainstream recognition for Austrian school fund manager
byUsing the insights of the Austrian school, fund manager Tony Deden has consistently performed better than Warren Buffet. In this week’s Money Week, he…
Why Vince Cable should be both praised and ridiculed for forcing banks to lend
byA lifelong friend in a senior position at a major UK bank confirmed to me privately that last week’s news that banks were approving…
Peter Schiff: Dollar stress, Bernanke, GM, Gold Dealers
byThe main meat of the latest Peter Schiff video blog discusses the testimony this week of Ben Bernanke in his semi-annual visit to the…
Economic recalculation disrupted
byOver at the Library of Economics and Liberty, Arnold Kling has an article on recalculation (reproduced below). The two key things this otherwise highly…