Robert Wenzel: The parallels of Soviet Russia and modern day America
byAnother one of my interviews for GoldMoney Foundation, this time with Robert Wenzel, of Economic Policy Journal, on the subject of his Henry Hazlitt Memorial Lecture at…
March, 2013
The two meetings
byBesides the ongoing troubles in the eurozone, the other burning issue for investors is, of course, what will emerge from the just-concluded ‘Two Meetings’…
Cyprus and banking
byThis is democracy in the European Union. Last week the Cypriot parliament voted down a proposal to secure the €10 billion funding needed to…
Good riddance to deposit ‘insurance’
byOnce the public furor and shrill media coverage have died down it will become clear that events in Cyprus did not mark the death…
Anatomy of the bank run
byThis article by Murray Rothbard was recently featured at Mises.org. It originally appeared in the September, 1985 edition of The Free Market. It was a scene…
Auflockerung avoided
byCyprus may or may not prove to be a ‘watershed’ for the European crisis but what we can say for now (tempting fate outrageously…
A Greek tragedy
by“In money management what sells is illusion of certainty. The truth (i.e. we don’t know much) is a more difficult sale, but a better…
Monetary activism must end in a slump
byOn Friday, I spoke against monetary activism once again, complaining about the use of expectation management and new monetary instruments in an attempt to…
2 days, 2 weeks, 2 months: A proposal for sound money
byIn light of recent events, we’re bringing forward this proposal from June 2010. There’s two ways to view the financial meltdown that occurred in…
Europe’s accounting rules are destroying its banks
byLate last year, a group of institutional investors sent a letter to officials in Brussels, warning that European Union accounting standards are “destabilizing banks”…