Firm demographics and capital theory
byBack in December 2011, Anthony J. Evans’s blog post on this site and City AM article on government investment activity displacing private investment offered…
March, 2012
What gives money value, and is fractional-reserve banking fraud?
byI thought I should address a couple of points that I consider to be misconceptions and that frequently come up in discussions with the…
Consider a crash course in money, Mr. Buffett
byDear Mr. Buffett, Now that my hair is grey and since I’ve learned so much from you over the years, I feel compelled to…
Does trade promote peace?
byIn this video treatise Professor Pavel Yakovlev from Learn Liberty expounds the benefits of the ‘Capitalist Peace Theory’ arguing that free trade leads to…
Paper Money Collapse – GoldMoney interview
byLast week I had an interesting discussion with Detlev Schlichter, who has recently published his book, Paper Money Collapse. For a comprehensive introduction to…
Eurozone banks and contagion risk
byGreece has now defaulted, and other eurozone governments as well as agencies such as the International Monetary Fund, European Central Bank and European Investment…
Banking: from Goldman Sachs to David Fishwick?
byTwo days ago, Greg Smith, a Goldman Sachs executive director, resigned in sensational fashion, writing a column in the New York Times. In the…
Henry Hazlitt: Economics in One Lesson
byIn the classic novel King Solomon’s Mines, the witch Gagool leads a group of Englishmen, including the legendary Allan Quatermain, into an ancient treasure…
Book Review: James Rickards’ “Currency Wars”
byIn virtually every airport bookstore in America right now you will find a little sleeper of a book in the business section which is…
A three-way split
byWhatever residual worries there were going into the deadline for the Greek deal, they did not seem to have impacted sentiment elsewhere, as it…