Is consumer psychology the driving force of economy?
Most experts regard consumer’s psychological disposition as the driving force of an economy. If consumers are optimistic and happy with the economy, no recession…
Read MoreSociety
Blockchain and Healthcare Possibilities: Optional Medical Licensure and Healthcare Vouchers
Milton Friedman provided an exemplary explanation of how a publicly-funded healthcare system (through healthcare vouchers) in a free(r) market where consumers have the choice…
Read More
Bank Robbery Chapter Four: Economists and the Banking System, 1: from Medieval times to Adam Smith.
Over the years, many economists have noticed how bank-created money skews the economy, affecting distribution of power and wealth across time and influencing what…
Read MoreThe Science Fictional Foundation Under Paul Krugman, Part Two
As noted in my preceding column Dr. Paul Krugman’s reflections, as published in the UK Guardian at the end of 2012, Paul Krugman: Asimov’s…
Read MoreThe Science Fictional Foundation Under Paul Krugman, Part One
Paul Krugman, a few years ago, wrote at length to extol the magnum opus of science fiction grandmaster, Isaac Asimov, the Foundation Trilogy. Prof….
Read MoreWorld War One and the End of the Bourgeois Century
[Editor’s Note: this first appeared on mises.org] Last week marked the 100 Anniversary of the beginning of World War I. That war, which produced…
Read MoreMatt Ridley on the values of Richard Cobden
Matt Ridley, in The Times [paywall restricted], considers the political relevance of the values of 19th century Liberals, including Richard Cobden. Surely wanting government…
Read MoreStatman’s tour of Britain: are average wages falling?
Incoming from Tom Paterson, chief economist at “Gold Made Simple”: I’m currently travelling around Europe in my VW campervan with my my wife and…
Read MoreAre you ready for EuroCrash the musical?
I am not joking. It has finally happened. And I want to see it. As reported by Bloomberg, ‘Euro Crash! The Musical’ is coming…
Read MoreStrippers and bankers’ just rewards
There are many times when working alongside the TCC team I have to smile. Having read a City AM article by our own Dr….
Read More