Does the “fallacy of composition” apply to the banking sector?
byThe fallacy of composition misleads you into thinking that you can infer the property of the whole by the property you can observe in…
October, 2010
Ben Davies: Japan being squeezed, gold going up
byFollowing on from an earlier piece, Ben Davies of Hinde Capital discusses the current Japanese economic environment before wrapping up with the precious metals…
Ben Bernanke’s Latest Bubble
byEver since Chairman Bernanke’s infamous Jackson Hole speech in August, markets – previously beginning to wilt under the weight of relatively poor economic numbers…
Why the policy of price stability leads to more instability
byThe whole idea of price stability originates from the view that volatile changes in the price level prevents individuals from clearly seeing market signals…
Kevin Dowd: A tale of three capitalisms
byProfessor Kevin Dowd has penned an excellent article for the Institute of Economic Affairs. Here’s a sample quote: Then there is the third and…
Peter Schiff: Dollar hyperinflation is coming unless policy direction is rapidly changed
byAs you might expect, with Mr Ben Bernanke threatening another massive bout of currency printing to bail out rich Americans with the wealth of…
Who predicted the financial crisis?
byI’m currently writing a paper that asks (and possibly helps to answer) this question, and I am curious about something. We all know it’s…
As Safe as Houses?
byThis report from Arden Partners was originally published on the 24th of September. Why have house prices rebounded? In 1776 Adam Smith described Britain…
Art Cashin On The Coming Hyperinflation
byZero Hedge has published a vivid account of hyperinflation by Art Cashin: in 1922, the German Central Bank and the German Treasury took an…
Jeff Tucker: How to Reject the Statist Quo
byJeff Tucker, of Mises.org, discusses the power of ideas, the universality of ideas, and the indestructibility of ideas, at the recent Mises Supporters Summit….