Why is the FTSE going up?
The FTSE 100 Share Index has been riding high since it fell to a low of 3,512 on March 2, and continues to flirt…
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Material Evidence: the appearance of greater prosperity
Sean Corrigan, Chief Investment Strategist at Diapason Commodities Management, in his 13 August briefing, comments on the illusion of prosperity created by new money…
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Economic Interventionism, Banks and the Crisis
Steven Baker presents a precis of de Soto’s Money, Bank Credit and Economic Cycles pp650-653, setting out an argument which was famously expounded by…
Read MoreBritish Attitudes to Banking
Who owns the money in your current account? How much is on reserve? Loaned? Please take our survey: British Attitudes to Banking.
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The Problem with GDP
Sean Corrigan, Chief Investment Strategist at Diapason Commodities Management, has kindly agreed to the reproduction of his briefing “Material Evidence” by the Cobden Centre….
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Sean Corrigan: “if banks simply had to comply with basic, everyday property and contractual law;”
Sean Corrigan, Chief Investment Strategist at Diapason Commodities Management, has kindly agreed to the reproduction of his briefing “Material Evidence” by the Cobden Centre….
Read MoreBank of England Increases Size of Asset Purchase Programme by £50 Billion
As the Bank of England announces more new money, we indicate counter arguments. Via Bank of England|Publications|News|2009|Bank of England Maintains Bank Rate at 0.5% and…
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Henry John “Harry” Patch (17 June 1898 – 25 July 2009)
Chris Neal commemorates Harry Patch, who understood the human cost of violent conflict, asking, ‘What must Patch have thought about the loss of life…
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FT.com – “Beware of errors in output gap data”
Entrepreneur and economist Toby Baxendale responds to warnings over errors in output gap data by explaining that there is no output gap, only lost…
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FT.com — “Wall St profits from Fed role”
Prompted by an FT article on banks’ excess profits arising from quantitative easing, entrepreneur and economist Toby Baxendale explains how QE widens wealth inequality…
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