Sound money is a matter of social justice
byFor such a pervasive term, ‘social justice’ is a notoriously tricky concept to quantify. Karl Marx’s notion of social justice was, famously, “From each…
June, 2011
To be an Austrian
byFor those of you who may be wondering what all the fuss is about when we talk about being ‘Austrian’, here’s something I wrote…
Unemployment and economic recovery
byAt the International Monetary Conference in Atlanta June 7, 2011 the Fed Chairman Ben Bernanke said, As is often the case, the ability and…
The vale of tears
byMarkets were briefly cheered earlier in the week by news that the Chinese government was planning to relieve its banks of up to $450…
Knowledge problems vs. incentive problems in the financial crisis
byAs one of the few Austrian economists in the UK, I’ve become somewhat frustrated by the lack of attention to knowledge processes when talking…
James Turk interviews James Grant
byGrant is the owner of Grant’s Interest Rate Observer. He is one of the greatest financial commentators and you have probably never heard of…
Egon von Greyerz and James Turk discuss how gold can preserve your wealth
byAndreas Acavalos sent this link to me. With billions under management, Egon von Greyerz is no fool and James Turk is custodian of many…
A golden opportunity with friends in France
byWhen I worked in Brussels some years ago, I played a minor part in helping Dr. Cecile Philippe set up the fabulous Institut Economique…
Was Keynes’ Economics Utopian?
byAt any given time, a few Keynesian economists and Austrian economists can always be found arguing on the internet. Recently, Don Boudreaux of Cafe…
Philipp Bagus: Euro Dead On Arrival?
byThe splendidly tenacious Professor Philipp Bagus, placed into the lions’ den, educates the world, and a couple of other rather blinkered commentators, on the…