A Gedankenexperiment with Flour
byImagine a country where the average household routinely spends half its $100 income on buying in 4,000 calories a day of flour and half…
Imagine a country where the average household routinely spends half its $100 income on buying in 4,000 calories a day of flour and half…
Toby Baxendale was recently interviewed by Dave Birch of Consult Hyperion. The interview talks about both the goals of the Cobden Centre and Hayek’s…
With paper currencies plummeting downwards at the moment, as silver and gold hold their positions at higher and higher paper money prices, we may…
Have you ever wondered how much tax you truly pay? In order to do the calculation, VAT, national insurance contributions from both employees and…
The Henry Hazlitt Memorial Lecture, presented by David Stockman at the Austrian Scholars Conference, as recorded on 12 March, 2011, at the Ludwig von…
One of the most important questions about politics we must ask ourselves is: How should we live in a state we don’t approve of?…
I got quite a shock, this week, when I was brutally awoken from my usual somnolent ‘Tube-Traveller’ state, by the following billboard advertisement; this…
This post is excerpted from an original article published at Paper Money Collapse. There is a myth circulating, and I am not sure whether…
BlackRock Inc., the independent stress-tester of Irish banks, has discovered a €24 bn capital black hole in their balance sheets. For a fifth time,…
In the KWN weekly metals wrap, we’re looking at $1,440 as the new ceiling and perhaps $1,420 as the new floor for gold (yes,…