Managing trade deficits
Currency devaluation is seen by nearly every macro-economist to be the cure for trade deficits. Recently they have recommended it to Greece, arguing for…
Read MoreCurrency Devaluation
Cooperation breakdown
The evidence of a major breakdown in global economic and monetary cooperation continues to mount. Just yesterday, the G7 released a statement regarding foreign…
Read MoreWhat’s wrong about the euro, and what is not
Every Monday morning the readers of the UK’s Daily Telegraph are treated to a sermon on the benefits of Keynesian stimulus economics, the dangers of belt-tightening…
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A trip to the Japanese Currency Museum
You probably didn’t know there was a Japanese Currrency Museum, did you? Well, neither did I until I found myself stood outside it one Saturday…
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The End of Politics and the Birth of iDemocracy
The West is in crisis. Our Big Government way of doing things does not work. It is no longer going to be possible to…
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A vicious cycle
For some months now, leading indicators the world over have been pointing toward slower growth ahead. It’s not just about the euro-area any more….
Read MoreMy big fat Greek bailout
Greece was bailed out for the second time in four months. Or did it default? Well, a bit of both, I guess. All bondholders…
Read MoreJamie Whyte: The High Cost of a Cheap Pound
The Cobden Centre’s Jamie Whyte writes an excellent piece in this morning’s Wall Street Journal on the alleged economic merits of currency devaluation; he…
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