Ireland’s Announcement of a Fifth Bailout Demonstrates that Bailouts Cannot Work
byBlackRock Inc., the independent stress-tester of Irish banks, has discovered a €24 bn capital black hole in their balance sheets. For a fifth time,…
Kingworld News Roundup
byIn the KWN weekly metals wrap, we’re looking at $1,440 as the new ceiling and perhaps $1,420 as the new floor for gold (yes,…
One for the weekend: The Private Supply of Money, with George Selgin
byThis excellent 2009 lecture on the private production and supply of money is presented by Professor George A. Selgin, author of Good Money (which…
U.S. Government Bankruptcy – The Finance Establishment Is Getting Nervous
byThe following piece by Detlev Schlichter is reproduced with permission from his blog site, Paper Money Collapse, as first published on Thursday of last…
Video: Detlev Schlichter on ‘Paper Money Collapse’
byAt the tail end of Brian Micklethwait’s interview with Detlev Schlichter, on Cobden Centre Radio the other day, a video is mentioned in which…
The Gold Standard and Monetary Freedom
by(This talk was delivered at a debate on whether “America Should Adopt the Gold Standard,” sponsored by the Atlas Economic Research Foundation and the…
Inside Job: The Movie
byThe rise of Michael Moore in recent years has been quite a phenomenon. Some perhaps thought in the 1950s that they had seen the…
A Note on the Notice of Withdrawal Clause
byRegular readers of this site may be aware of a debate relating to the contractual devices that banks might use to ensure that they…
Freedom Week 2011
byFor several years now there has been a highly successful seminar held at Sidney Sussex college, at the University of Cambridge. Around 30 undergraduates…
Cobden Centre Radio: Brian Micklethwait interviews Detlev Schlichter
byBrian Micklethwait speaks to Detlev Schlichter on his upcoming book, Paper Money Collapse: The Folly of Elastic Money and the Coming Monetary Breakdown. As…