Must-read
by“Working at my desk today was somewhat surreal. Global risk markets were closing out a dreadful week. Newswires were full of disconcerting articles –…
May, 2012
A Viennese waltz down Wall Street – Austrian economics for investors
byNext Tuesday our friend Mark Skousen will be delivering a lecture for the Adam Smith Institute, which may be of interest to Cobden Centre…
Currency collapse dynamics
byThe reason we accept paper money as a store of value is habit. This habit has its origins in history, when banks took our…
By abandoning the gold standard we embraced monetary central planning, chaos
byWith this essay I will try to reconcile two apparently conflicting perceptions of the key problems with our present monetary system. I will start…
Hold onto your hat, we’re in for a wild ride
byJames Turk interviews Doug Casey, the American-born economist, professional investor, author and advocate of the free market, in an illuminating, entertaining and yet ultimately…
A great teacher
byProfessor Pete Boettke is one of our advisors and friends. In the English speaking world, if you want to know anything about economics –…
Economics by and for human beings
byEconomics puts parameters on people’s utopias. Yes. That’s exactly it. That’s why the politicians hate economics. That’s why the media are so… selective in…
Does JP Morgan’s massive loss favour the argument for more controls?
byOn Friday May 1 2012, JP Morgan Chase & Co said it suffered a $2 billion trading loss. Some commentators have suggested that the…
Dimon geezers
by“JP Morgan Chase last night announced a surprise $2 billion trading loss on credit derivatives trading, which chief executive Jamie Dimon blamed on “errors,…
Hard work needs honest money
byIn yesterday’s Telegraph, William Hague tells the Government’s business critics to stop complaining and work hard to deliver jobs. However, Mr Hague forgets that a…