Contagious Defaults?
byMohamed El-Erian, CEO of PIMCO, the world’s largest bond investment management group, recently made a compelling plea for “urgent EU action” to stop a…
December, 2010
Moving Forward with Practical Reform – from Positive Money
byPositive Money is a growing campaign for ‘Honest Money’, although I suspect that some readers on this blog may challenge our definition of honest…
The Cobden Centre Christmas reception
byTCC has had a great year and, last Thursday, we held our first Cobden Centre Christmas reception in celebration at the National Liberal Club….
Despair and hope for monetary reform
byOn Saturday, I spoke again to set out the scale and scope of our financial and monetary mess and again, the audience welcomed the…
Bagehot’s REAL opinion
byWe all know the cliché about how to deal with panics – viz., ‘lend freely at a penalty rate’ – and the fact that…
Message to the Pensions Minister: You cannot improve things by distorting free markets
byThe Daily Telegraph reports today that: About 60% of private sector pension schemes “have clear rules” entitling retirees to annual increases in their pensions…
Philipp Bagus: The Tragedy of the Euro
byPhilipp Bagus is an associate professor at Universidad Rey Juan Carlos, Madrid and a visiting professor at Prague University. He has just written a…
Quote of the week: Henry Ford on FRB
byWhen asked to bail out his son’s bank, Henry Ford, now in his seventies and increasingly autocratic and unreasonable, refused to bail out his…
Alan Greenspan: Gold and Economic Freedom
byBefore Alan Greenspan stood down from his chairmanship of the Federal Reserve, Ron Paul got him to sign a copy of Greenspan’s 1966 essay,…
John Hathaway: Gold is now a legitimate topic of conversation for the pension funds
byJohn Hathaway, of the Toqueville Funds, was recently interviewed by Eric King. They spoke about the failure of the EU to get the toothpaste…