A substandard golden rule
byThe gold “price rule” denotes the monetary reform proposal put forth in various forms by a number of supply-siders, including Arthur Laffer, Robert Mundell, and Jude…
May, 2013
Global warning
by“No bubbles. Because it’s normal for large liquid asset classes to nearly double in value over less than a year and then drop 10%…
Mark Carney’s false ideology
byNeil Macdonald of the CBC recently did an investigative piece on central bankers and what they’re doing to the world’s economies. Mark Carney was featured heavily….
The geopolitics of gold
byWestern central banks have got themselves horribly wrong-footed as a result of not adjusting their anti-gold policies to allow for the realities of Asian…
Losing the loser’s game
by“The first panacea for a mismanaged nation is inflation of the currency; the second is war. Both bring a temporary prosperity; both bring a…
Introducing The Journal of Prices & Markets
byLudwig von Mises once wrote that all of economics can be neatly summed up in one of two studies: either you are studying how…
Regulating banks the Austrian way
byMost people — from young to old and from all ends of the political spectrum — are united by a common bond. The idea…
Bank balances and gold
byThere has been a growing shift in favour of assets relative to bank deposits. This was initially encouraged by zero interest rates, but more…
Gold is money not because it is scarce but because it is abundant
byThe Honorable Ron Paul says: Why is gold good money? Because it possesses all the monetary properties that the market demands: it is divisible,…
Is loose fiscal policy the missing ingredient for US economic recovery?
byIn his New York Times article of May 7, columnist Bruce Bartlett laments that given the current state of economic affairs we need more…