Does low US price inflation provide room for a more aggressive Fed?
byThe US Federal Reserve can keep stimulating the US economy because inflation is posing little threat, Federal Reserve Bank of Minneapolis President Kocherlakota said….
September, 2014
From bravery to prosperity: A six-year plan to make scotland the wealthiest anglosphere region of all
by“We look to Scotland for all our ideas of civilisation.” –Voltaire In the face of nearly universal warnings from other nations, including England, the…
Valuing gold and turkey-farming
byToday’s financial markets are built on the sand of unsound currencies. Consequently brokers, banks and investors are wedded to monetary inflation and have lost…
End the Fed’s War on Paychecks
byThe Democratic Party has made “income inequality” a signature issue for the 2014 (and, presumably, 2016) election cycle. Democrats, en masse, shout “J’accuse!” at Republicans. …
Let’s stick together
by“Sir, On reading all the jittery comments in your paper on the issue of Scottish Independence these past few days, I cannot help but…
The Taylor Rule Won’t Save Us
by[Editor’s Note: This article, by Mateusz Machaj, first appeared at mises.org] Various criticisms have been raised against the Fed, not only from the side…
Markets for managers
byI’m delighted to announce that my Austrian economics textbook is now available. http://www.amazon.co.uk/Markets-Managers-Managerial-Economics-Finance/dp/1118867963/ref=sr_1_1?ie=UTF8&qid=1399735930&sr=8-1&keywords=Markets+for+Managers%3A+A+Managerial+Economics+Primer The book is aimed at time poor but economically curious people….
Understanding Deposit Insurance (I): Deposit Insurance is a Creature of the State
byDeposit insurance is one of the most misunderstood – and also most dangerous – forms of government intervention into the financial system. Let’s…
The end of tapering and government funding
byLast year markets behaved nervously on rumours that QE3 would be tapered; this year we have lived with the fact. It turned out that…
Market expectations and long-term US interest rates
byAfter closing at 3.03% in December 2013 the yield on the 10-year US T-Note has been trending down, closing at 2.34% by August this…