Trade Wars: Those damn’d torpedoes are OURS!
For many an age, a principal element of Britain’s strategy in its frequent wars with its Continental rivals was that of the naval blockade….
Read MoreSean Corrigan
Faking it
Thanks to the election of President Trump and his uncompromising attitude to the establishment media, much hot air is being expended on the subject…
Read MoreIo, Saturnalia!
Ah, Brexit! What is there left to say that not already been said, most of it either out of folly or falsehood? As regards the…
Read MorePositively Natural – Pt II
THE NET THAT SHALL ENMESH THEM ALL Now, the foregoing may be all well and good, but it is also the case that any…
Read MorePositively Natural – Pt I
THE CASE FOR POSITIVE INTEREST An Austrian rebuttal of Summers et al, in four parts THE TIME IS OUT OF JOINT Over the years,…
Read MoreThe Road to Canossa
That the artificial interest rates in evidence in our hugely distorted capital and money markets can be made negative in nominal as well as…
Read MoreI Love the Smell of Napalm in the Market
That usually perceptive and always interesting observer of the financial Zeitgeist, Bloomberg’s estimable Mark Gilbert, has just penned an article entitled: “Milton Friedman’s ‘Helicopter…
Read MoreThe Only Form of Permanence
Perhaps the first great lesson of economics, as emphasized by Henry Hazlitt, is that there is no free lunch. The second, courtesy of Frederic…
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Laying the Foundations
As the Yellen Fed inches painfully towards taking its first ‘data-dependent’ steps to raise rates (albeit with the promise that such a process will…
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We Will All Go Down Together
Source: http://truesinews.com/2015/07/09/we-will-all-go-down-together/ When we last wrote, some brave analyst at a Chinese brokerage was making headlines by talking of there being at least another…
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