Hanging London out to dry: The impact of an EU Financial Transaction Tax
byThis article was co-authored with Adam Baldwin and previously published at adamsmith.org. Our new report, released today, assesses the impact of a Financial Transaction…
November, 2011
A rush from sugar or a rush to gold?
by Tim Price“We think we have an agreement, but we are not sure what it is.” – Negotiator at the Euro zone “crisis summit” last week,…
Forcing others to obey is the issue, not greed
by Jamie WhyteMany of those occupying Wall Street and the City of London object to corporate greed. Yet greed is usually harmless. For example, I may…
Is deleveraging bad for the economy?
by Dr Frank ShostakTake for instance company X, which has equity of $200. The company borrows $800 and buys an asset worth $1000. In this example we…
Opponents of gold, get on your mark
by Toby BaxendaleA good article from Brian Domitrovic on Forbes.com: Let’s face it – we’ve seen what arbitrary government control and central bank manipulation can do….
The Keynesian ant heap
by Sean CorriganIn a recent op-ed in the Globe & Mail, Davos Man’s indefatigable mouthpiece for failed, mainstream thinking, Martin Wolf, passed the following verdict on…
Bandits with begging bowls
by Toby BaxendaleA recent CNBC article by Catherine Boyle has some classic quotes from Sean Corrigan: The euro zone’s banks, seen by many as the source…
Bank recapitalization will make euro crisis worse
by Nick OttensEurozone leaders ordered their banks to raise additional capital last week to prepare for a partial Greek default. The continent’s banking industry didn’t yet…