Implosion of fiat monetary system continues
byYesterday’s stop losses were triggered in the Euro Swiss LIBOR futures market. After briefly touching 100 on Tuesday (Interest rate futures are priced as…
Assume for the sake of argument that there were missed opportunities, now what?
by Prof Peter J. BoettkeDuring the financial crisis, my perspective has been hardened that the classical economist and even a hard nosed version of Austrianism is the appropriate…
Charles Moore reviews Keynes vs Hayek
by Toby BaxendaleI was pleased to see the LSE’s recent Hayek vs Keynes debate picked up by Charles Moore at The Telegraph: The Hayekians, led by…
Are we doomed?
by Tom CloughertyWith so much bad news from the financial markets, it is becoming difficult to see the wood for the trees. This is my attempt…
Jamie Whyte discusses QE on Radio 4
by Anthony J. EvansThe Cobden Centre’s Jamie Whyte appeared on BBC Radio 4 yesterday morning to discuss the prospect of further quantitative easing in the US and…
The Condensed Wealth of Nations and the incredibly condensed Theory of Moral Sentiments
by Dr Tim EvansAdam Smith’s The Wealth of Nations is without doubt one of the most important books ever written. For it recognised that economic specialisation and…
June 2011 MA falls by 5.1%
by Anthony J. EvansLast month I reported on a revised version of MA – an “Austrian” measure of the money supply – which suggested that the UK…
Hayek and monetary stabilization
by Tom CloughertyThis article was first published at the Adam Smith Institute on Saturday, 30 July 2011 At the Hayek v Keynes debate at the LSE…
The (quantity) theory of money and credit
by Robert ThorpeThe Quantity Theory of Money seems straightforward, but a little thought about it brings up many questions. Different economists have taken different approaches to…
Snake oil economics
by Sean CorriganThe world’s biggest, richest, most comprehensive statistical agency has just announced significant revisions to the mainstream economists’ bellwether number – US GDP – and…