Canary in the coal-mine – Emerging market contagion
byEmerging market currencies, bonds and stocks have weakened Fears about the impact of US tariffs have been felt here most clearly The risk…
July, 2018
The long march of the bezzle
by“China’s HNA Group said on Wednesday that Wang Jian, 57, the group’s chairman and co-founder, accidentally fell and died from his injuries during a…
China’s Currency Manipulation Harms China — Not Its Trading Partners
byAmericans are being told that China’s currency manipulations are causing harm to its trading partners, America being the main victim. Nothing could be further…
Tariff Wars and the Fallacy of the Balance of Trade
byThe world may be on the brink of a series of trade wars between the United States and both the European Union and China….
Why gold standard is not conducive of boom-bust cycles?
byAccording to some commentators on the gold standard, an increase in the supply of gold generates similar distortions that money out of “thin…
IFT and Cobden Centre Video Series: New Zealand Lamb
byWe are working with Dan Hannan MEP’s think tank IFT to explain free trade to a wider audience. One of the questions I frequently…
Irrational Beliefs Are Ruling Markets
byTo understand the consequences of the credit cycle, we must dismiss pure opinion, and examine the evidence rationally. This article assesses the fate of…
Does economic growth cause inflation?
byMost experts are of the view that as the economy gains strength the Fed must step in at some stage and introduce a tighter…