Why the Fed’s Bazooka Will Not Stop a Wave of Corporate Defaults
byBy Benn Steil and Benjamin Della Rocca Acknowledging the enormous threat to jobs and incomes posed by the coronavirus epidemic, the Federal Reserve on…
March, 2020
The Fear Factor of Europe’s Public Debt
byby Elisabeth Krecké Global debt has surged spectacularly in recent years and now stands at an all-time high of more than 322 percent of…
The Global Economy Won’t Bounce Back Soon
byIn February, the general consensus between large investment banks and supranational entities was that there would be a one-time hit to GDP in the…
Weeks where decades happen
by“There are decades where nothing happens; and there are weeks where decades happen.” Lenin “My daughter just said to me, ‘Daddy, the stock…
To Kill Markets Is the Worst Possible Plan
byomentous events usually leave strong memories on those who have lived through them, and those memories often become passed on to later generations in…
Epidemics, Economic Growth and Stock-market Performance – An Historical Perspective
byAs the COVID-19 pandemic gathers momentum, history offers too few data points The Spanish Flu is the nearest comparison – similarities are matched…
Artificial Intelligence and Emerging Technologies Speech in the European Parliament
byIn January the Cobden Centre worked with the Ludwig von Mises Institute to organise an event in the European Parliament on artificial intelligence and…
The questionable role of quantitative methods in economics
byMost economists consider the use of sophisticated mathematical and statistical methods key towards understanding the complexities of economics. They are of the view that…
Government budget deficit and economic growth
byThe US budget had a deficit of $32.6 billion in January compared with a deficit of $13.3 billion in December and a surplus…