How deposit insurance reduces financial stability
byAndrew Lilico has written a great article for The Telegraph on the dangers of deposit insurance: In a classic 2005 paper from the highly…
No strategic Eurobank will be allowed to fail
byTaking a quick run through eight of the Eurozone’s larger banks before the rebound into the weekend, we could see that they had a…
Literae humaniores
byTB: Tim Price is a fund manager who has a very good grasp of economics and certainly is Austrian-aware and supportive. Like many who…
A Band-Aid for a cancer patient
byThis was another hectic week for financial markets, and nerves were calmed somewhat over the past 24 hours with another liquidity injection from the…
TCC’s Kevin Dowd on ‘The Decapitalization of the West’
byTCC Senior Fellow Professor Kevin Dowd recently gave a brilliant and must watch talk at the Adam Smith Institute. Very kind with his remarks…
And now for something completely different
byIn these days of economic doom and gloom I think it is time for me to try and raise a lighthearted chuckle amongst our…
Excellent review of Paper Money Collapse by Brian Micklethwait
byBrian Micklethwait has just put an excellent review of Detlev Schlichter’s book Paper Money Collapse on Amazon. Here it is in full: “I agree…
Does the trade account provide useful information?
byLet us take an American individual who earns his money by exchanging something useful for it — he produces consumer goods. He then decides…
TCC gets great publicity on Jeremy Vine show
byToday, TCC received superb publicity on BBC Radio 2’s Jeremy Vine Show courtesy of a splendid performance with Steve Baker MP. The programme is…
The BoE’s very own monetary crank yank in full spate
byBeyond the QE2 adventure – FT Alphaville Make no mistake, the right thing to do right now is for the Bank of England and…