A Gold Man in Monetarist Territory
On November 3, the Manhattan Institute hosted the fall meeting of the Shadow Open Market Committee (SOMC). This is a 40-year old group, with…
Read MoreOn November 3, the Manhattan Institute hosted the fall meeting of the Shadow Open Market Committee (SOMC). This is a 40-year old group, with…
Read MoreRecent statistics are confirming “economic recovery” in the UK and even some of the weaker eurozone states. I put this in quotes, because what…
Read MoreThe Daily Mail reports Interest rates: How keeping them at a record low is a deliberate government ploy to pay off its debts: A stealth…
Read MoreThis article was published yesterday at stevebaker.info. Today sees the return of the Financial Services (Banking Reform) Bill to Parliament. It does not do enough. In…
Read MoreFollowing on from John Butler’s review, here’s Detlev’s take on “The Great Deformation” … David Stockman’s new book is a brilliant, penetrating analysis of the present state…
Read MoreWith the halls no longer decked with boughs of holly and the wassailers at last stuffed full of figgy pudding, we have all reluctantly…
Read MoreConveniently coming just in time for the crucial Party conference, the official China PMI index inched above the 50-level watershed and so was enough…
Read MoreWith this essay I will try to reconcile two apparently conflicting perceptions of the key problems with our present monetary system. I will start…
Read More“A central power, as enlightened, as skilful as can be imagined, cannot by itself encompass all the details of the life of a great…
Read MoreThe best article we’ve seen in the FT for a long time, courtesy of Ron Paul … The financial crisis has fully exposed the…
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