LvMI produces book on Austrian School with many contributors – published by Springer
byI wrote a chapter on business cycle theory – there are some terrific economists, including Prof. Gunther Schnabl, with whom I gave a seminar…
October, 2018
Mont Pelerin Society General Meeting
byCobden Centre directors Daniel Hannan and Max Rangeley attended the Mont Pelerin Society general meeting last week in Gran Canaria. Dan spoke…
Economic Thought in Ancient Greece
byThe intellectual odyssey that laid the foundations for Western civilization began in classical Greece. Unfortunately, Greek thinkers failed in their attempt to grasp the…
We should ditch GDP as a measure of economic activity
byThis article exposes the false economic concepts behind GDP, which is only the visible tip of a large iceberg of economic deceit. Describing an…
Does balance of payments determine foreign currency exchange rate?
byAccording to popular thinking, a key factor in the foreign currency exchange rate determination is the state of the balance of payments. Following this…