Large changes in fiscal policy: taxes versus spending
byThis paper by Alberto Alesina and Silvia Ardagna provides very good empirical research to confirm that what we expect a priori: that deficit cutting…
February, 2011
Morgan Stanley: Inflation Uncertainty and Corporate Finance
byBy kind permission of Morgan Stanley’s Caitlin Long, The Cobden Centre is delighted to publish their report, Inflation Uncertainty and Corporate Finance. Some key…
Global paper tsunami planned by IMF
byYou might remember a post, a month or two back, about the Davos plan to flood the world with $100 trillion dollars of new…
Deep Freeze: Iceland’s Economic Collapse
byA new book has just rolled off red hot — or should that be ice cold? — from the Mises.org printing press, written by…
Book Review: The Tragedy of the Euro, by Philipp Bagus
byThe world centre of gravity of the Austrian Economics movement has long been the United States, especially since Ludwig von Mises arrived there on…
Thought for the day: should we pay the BoE £9bn pa in interest?
byIn November, I asked this Parliamentary question: Steven Baker (Wycombe, Conservative) To ask the Chancellor of the Exchequer how much debt interest has been paid…
Austrian School provides best explanation of financial crisis
byJean-Marie Eveillard, who manages $36 billion dollars of other people’s money via First Eagle Funds, discusses the current highly interesting markets in China, India,…
Is Inflationism Part of our Mindset? The Paper Pound & The Bullion Report
byMost people have one principle “asset”: the house they live in. Long gone are the days when your physical house was simply your home…
Atlas Shrugged: Is Hollywood about to destroy a classic?
byA new film is to be released on the 15th of April: Atlas Shrugged Part 1: The book Atlas Shrugged by Ayn Rand details…
The Crime Known as Quantitative Easing
byRecent economic data has convinced the Bank of England not to expand its Quantitative Easing program. According to the Office of National Statistics, annual…