Groundhog Year!
by“If you are going to buy worthless banks then it makes sense to use worthless money to do it.” – Posting on The Daily…
The second crisis of socialism
by Detlev SchlichterThe world is facing the worst financial crisis since at least the 1930s “if not ever,” the Governor of the Bank of England said…
The success of Swedish society is not due to the welfare state
by Dr Tim EvansSo argues Nima Sanandaji in a new paper from Libera called ‘The Swedish Model Reassessed – Affluence Despite the Welfare State’ (PDF). Instead, the…
What to do, what to do
by Ingolf EideMartin Wolf has usually managed to moderate his inner interventionist. No longer, it seems. In a recent column, he casts caution aside: The time…
No Mt Rushmore for today’s interventionists
by Sean CorriganSince the Great Financial Crisis started (in truth, since well before), we have unwaveringly maintained three main tenets in relation to how one should…
Quantitative easing: when there’s nowhere left to run
by Alasdair MacleodOver the last few weeks there has been a growing realisation that the weaker members of the eurozone are caught in debt traps. When…
The Magicians at the Bank of England (with close support from No 10 & 11 Downing Street)
by Toby BaxendaleWho made this very sound statement two years ago in relation to QE I? The last resort of desperate governments when all other policies…
Is the global economy heading for monetary breakdown?
by Dr Tim EvansA very exciting upcoming event: The All Party Parliamentary Group on Economics, Money and Banking and Steve Baker MP in association with The Cobden…
WSJ: Europe and its money
by Dr Tim EvansThis editorial in the Wall Street Journal provides an excellent introductory comment to the European debt crisis now underway: The German Bundestag voted last…
Greece: deflate or default
by David HowdenThe original worry was whether Greece would default. Then it became a question whether it should it default. Now it is a question of…