FT.com / Martin Wolf – Why narrow banking alone is not the finance solution
byFT columnist Martin Wolf considers narrow banking and 100% reserves. The FT has a new series on the future of investment. But what, I…
September, 2009
Material Evidence – Recovery or crisis?
bySean Corrigan’s Material Evidence: the declaration of the end of the recession vs cries of crisis, the role of business spending, new money, the…
Material Evidence – Back to the 70s
bySean Corrigan’s Material Evidence: US unemployment, the UK’s staggering recovery to 1974 levels of manufacturing output, energy investment and the performance of gold and…
Is a Liquidity Trap Possible? Beware of those who do not understand the Structure of Production.
byThe essential idea of a Liquidity Trap as expounded by J M Keynes in this “General Theory” is that there is a point in…
Animal Farm
bySept. 17 (Bloomberg) — Private investors in China, the world’s largest metals user, have stockpiled “substantial” quantities of copper as the government ramps up…
The Superhighway to Serfdom
byBy kind permission of Sean Corrigan, we make available the September edition of his Resource Ruminations “Superhighway to Serfdom”: “The danger of modern liberty…
Can the Manipulation of Interest Rates Create Wealth?
byThe Cobden Centre’s Chairman, Toby Baxendale, explores whether cheaper money will make for greater prosperity. You often hear politicians and economic commentators say that…
It is no time for Westminster to be squeamish over spending cuts – Telegraph
byPresident of the Adam Smith Institute Madsen Pirie says, “It is no time to be squeamish”: The Government is trying to pitch the debate…
Pound Whacked After Mervyn King Admits : QE Isn’t Working – Guy Fawkes’ blog
byTaking a line with which we closely identify, Guido writes Pound Whacked After Mervyn King Admits : QE Isn’t Working: The pound is getting whacked…
Gordon Brown, the Destroyer of our Economy
byThe Cobden Centre’s Chairman, Toby Baxendale, explores Gordon Brown’s total responsibility for the meltdown of the UK economy. It is said that the USA…