Buchanan: The Constitutionalization of Money
byJames M. Buchanan (Nobel Laureate, economics, 1986) on reform of the monetary regime through constitutional 100% reserves: The market will not work effectively with…
Economics
Policy Exchange and the Near Consensus on the Merits of QE
byI went to this event today. “22/02/2010 – Ideas Space Quantitative Easing: Friend or Future Foe? The Bank of England entered unchartered territory in…
The Luvvie Tax
byI see the panel of economic experts that is the acting industry have latched onto the Tobin tax, now re-branded the ‘Robin Hood Tax’. …
Darius Guppy is spot on about the bank credit creation process
byVia Darius Guppy: our world balances on a sea of debt What is needed is a root and branch re-evaluation of that most curious…
More evidence of the incompetence of state accountants re derivatives
byVia The Telegraph: Meanwhile Angela Merkel, the German Chancellor, criticised investment banks for the role they may have played in helping Greece to mask…
Corrigan on inflation, unemployment and the stimulus
byOn inflation, unemployment, especially desperate youth unemployment, and the stimulus. Consider, in the lows of the first years of the century, there were 2.8…
Is this the beginning of the end of the Eurozone?
byCould the endgame of this “Greek tragedy” be a eurozone break-up? The single currency’s supporters maintain such an outcome is mere mythology. Greece accounts…
How much is your pound or dollar actually worth since government has been in control of money?
byThe answer is that the US dollar has lost 98.17% of its purchasing power and the pound sterling 99.42% of its purchasing power. Well done…
Boris: The Greeks must be rueing the day they whacked the drachma
byBJ’s excellent article today rightly draws comparison between the bailout of Greece and the bailout of Northern Rock. He makes the excellent point that…
Alchemists of Loss, Prof. Kevin Dowd
byWe are delighted to announce a forthcoming book by Cobden Centre Senior Fellow Professor Kevin Dowd and US-based journalist and former investment banker Martin…