Banking, Inflation and Recessions
byThe Adam Smith Institute has recently published videos of their Liberty Lectures, held at Cass Business School last August. The room was overflowing with…
Incredible shrinking money
byThe UK’s shilling (5p) over time 1916 to today. (All coins are equivalent to one twentieth of a GBP pound sterling, 5p today) Over…
Financial Pain in Spain Falls Mainly on… Spain?
byFor over a decade we have heard reports of China’s increasing world dominance. Yet while Beijing has amassed a large war chest of savings…
Did Hayek and Robbins Deepen the Great Depression?
byI always love sitting on the beach in the Caribbean post Christmas, catching up with my neglected reading and getting lots of strange stares…
Huerta de Soto introduces Bagus’ book, The Tragedy of the Euro
byThe following is Jesús Huerta de Soto’s foreword to The Tragedy of the Euro by Philipp Bagus, a friend of The Cobden Centre. You can…
Is Velocity Like Magic?
byIt is alleged that when the velocity of money rises, all other thing being equal, the buying power of money declines ie the prices…
Bagehot’s obituary of Richard Cobden – 1865
byWalter Bagehot’s 1865 obituary of Richard Cobden, from the Online Library of Liberty (H/T Sean Corrigan). Twenty-three years ago—and it is very strange that…
Sampson – The Currency under the Act of 1844
byThe more financial history one reads, the more powerful the sense of deja vu becomes and also the greater grows the appreciation of the…
Financial regulation goes global
byDalibor Roháč of the Legatum Institute and Matthew Sinclair of the Taxpayers’ Alliance have jointly authored a report on the risks of new global…
The Euro: Where to Next?
byFrom where did Europe’s recession come? To listen to some commentators one would think that it came from nowhere. Indeed, the idea that a…