Why the policy of price stability leads to more instability
byThe whole idea of price stability originates from the view that volatile changes in the price level prevents individuals from clearly seeing market signals…
The whole idea of price stability originates from the view that volatile changes in the price level prevents individuals from clearly seeing market signals…
Professor Kevin Dowd has penned an excellent article for the Institute of Economic Affairs. Here’s a sample quote: Then there is the third and…
As you might expect, with Mr Ben Bernanke threatening another massive bout of currency printing to bail out rich Americans with the wealth of…
I’m currently writing a paper that asks (and possibly helps to answer) this question, and I am curious about something. We all know it’s…
This report from Arden Partners was originally published on the 24th of September. Why have house prices rebounded? In 1776 Adam Smith described Britain…
Zero Hedge has published a vivid account of hyperinflation by Art Cashin: in 1922, the German Central Bank and the German Treasury took an…
Jeff Tucker, of Mises.org, discusses the power of ideas, the universality of ideas, and the indestructibility of ideas, at the recent Mises Supporters Summit….
Interesting news on the wire: 13 October 2010 Standard Chartered PLC RIGHTS ISSUE TO RAISE GBP3.3 BILLION Standard Chartered PLC (“Standard Chartered” or the…
Meghnad Desai – Building with straws – Financial Express Though this article suffers from the Ricardian-Marxian cost-of-production fallacy in trying to separate ‘price’ from…
In September of last year, I placed this article up on our web site detailing the theoretical errors behind the policy of quantitative easing….