Money Creation and Society Debate in Full
by[Editor’s Note: The “Money Creation and Society” debate, which took place in the UK Parliament on Thursday the 20th November 2014, is shown below…
Central Banking
Are major economies suffering from the deficiency of demand?
byIn his article “The curse of weak global demand”, Financial Times November 18, 2014, the economics columnist Martin Wolf wrote that today’s most important…
“Smacking a skunk with a tennis racket”
by“Finally, as expectations of rapid inflation evaporate, I want to contribute to the debate about the November 15, 2010 letter signed by 23 US…
That G20 meeting
byG20 gatherings of world leaders on the surface are all the same: they conclude with a meaningless anodyne statement that everyone can agree with….
Bank gearing in the Eurozone
byAccording to the ECB’s Bank Lending Survey for October banks eased their credit standards in the last quarter, while their risk perceptions increased. This…
Understanding the Money Creation and Society Debate
byTogether with colleagues spanning four parties – Michael Meacher (Lab), Caroline Lucas (Green), Douglas Carswell (UKIP) and David Davis (Con) – I have secured a…
Into the unknown
by“Sir, Your headline “Fed’s grand experiment draws to a close” (FT.com, October 29) combines ignorance of what quantitative easing is with insouciance as to…
China’s gold strategy
byChina first delegated the management of gold policy to the People’s Bank by regulations in 1983. This development was central to China’s emergence as…
The ECB should be bolder
byAs inflation rates continue to fall across the Eurozone one might expect Austrian economists to rejoice. After all, inflation reduces our purchasing power and…
The Economist discovers the Entrepreneur.
byIn its latest edition, in a piece entitled ‘Monetary policy: Tight, loose, irrelevant’, the ineffably dire Ekonomista considers the work of three members of…