Free Market Capitalism as the Antidote to the World’s Ills
byIn following the daily news events both in the United States and around the rest of the world, it is easy to get lost…
June, 2018
The growing pool of real savings permits the illusion that central bank can cause economic growth
byMany commentators are of the view that the US central bank should pursue policies that will prevent the possible decline of the economy…
CFR: Trump’s Tariffs Are Hurting U.S. Competitiveness
byby Benn Steil and Benjamin Della Rocca President Trump says that America running a trade deficit means that “jobs and wealth are being given to other countries.”…
Deutsche Bank’s Troubles Raise Worries About the Future of the Euro Zone
byThe euro banking sector is huge: In April 2018, its total balance sheet amounted to 30.9 trillion euro, accounting for 268 per cent of…
Singapore, Trade and Geopolitics
byThe Western media was incredulous. The Donald had disregarded diplomacy, scuttled out of the G7 meeting in Canada without endorsing the G7 agreement, and…
The Best Answer to Trump’s Tariffs: Free Trade
byIn the Bible it says, “He that is without sin among you, let him first cast a stone . . .” It also has…
Italy and the repricing of European government debt
byThe yield spread between 10yr BTPs and Bunds widened 114bp in May Populist and anti-EU politics were the catalyst for this repricing of…
China is in Trouble
byBy Ronald-Peter Stöferle Mark J. Valek Before we discuss the economic situation of China, a few words about China’s strongman, Xi Jinping. The “new…
Living Dangerously
byRegular readers of Goldmoney’s Insights should be aware by now that the cycle of business activity is fuelled by monetary policy, and that the periodic booms…
A Forerunner of the Austrian School in Nineteenth-Century Spain
byby David Chávez Salazar In 1952, the British economist Marjorie Grice-Hutchinson discovered that the Spanish scholastics of the seventeenth century, gathered around the School…