Thorsten Polleit on the gold standard that never was
byThe distinguished and forthright Professor Thorsten Polleit explains why we’ve failed to see a real free market money for several hundred years… Episode 115:…
April, 2013
Ah! Gold.
byGold’s swoon has triggered a good deal of schadenfreude, some subtle, some less so. It’s hardly a surprise after eleven years of gains and…
Gold sell-off: there is only one question that matters
byLast Friday I participated in a (very short) debate on BBC Radio Four’s Today Programme on the future direction of gold. Tom Kendall, global head of…
Hunting witches
by“To the socialists of all parties (to whom F.A. Hayek dedicated ‘The Road to Serfdom’), ‘The Constitution of Liberty’ is anathema. Hayek, they believe,…
The Bitcoin money myth
byMany economists and financial commentators believe that in the unregulated market of the internet economy, new forms of money can be created that bypass…
Europe continues to flounder
byAs another week goes by, Europe continues to flounder – even German car sales were off by 17% YOY, a decline which was presumably not all…
The great Gold vs Bitcoin debate: Casey vs Matonis
byFollowing the Mt. Gox takedown, I acted as referee between Doug Casey, of Casey Research, and Jon Matonis, of Bitcoin Foundation, as they discussed…
Weird scenes inside the gold mine
by“The modern Keynesian state is broke, paralysed and mired in empty ritual incantations about stimulating ‘demand’, even as it fosters a mutant crony capitalism…
The rise of the money cranks
byIt’s official: global economic policy is now firmly in the hands of money cranks. The lesson from the events of 2007-2008 should have been…
Gerard Casey: ‘No property is safe in the EU’
byI spoke recently to the splendid Professor Gerard Casey about his philosophical notions of property, before moving this on to talk about money (as…