The emerging view on QE2
This article originally appeared on The Filter^ Further to my article on QE2, I’ve read some good articles on the subject. Raghu Rajana offers…
The Threat of QE2
From my latest article for adamsmith.org: There is a plausible free market argument to say that under certain institutional conditions (such as competitive banks…
What Austrian business cycle theory does and does not claim as true
In May I linked to an article I wrote over at the IEA blog: What Austrian business cycle theory does and does not claim…
My talk on “Contemporary work in Austrian Economics”
Towards the end of September I gave a talk on “Contemporary work in Austrian Economics” for the Adam Smith Institute. It was part of…
Who predicted the financial crisis?
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…
Do banks mislead their customers?
This article is an attempt to encourage people to move away from making empirical assertions without any empirical evidence – to actually look at…
The Filter^: Austrian Economics – A Primer
I have posted some brief comments on Eamonn Butler’s excellent new Primer: This primer does a great job condensing and summarising the Austrian school,…
Are “normal” businesses 100% reserved?
When discussing the “fraudulent” nature of fractional-reserve banking, the crux of the issue seems to be how the law distinguishes between banks and other…
No sympathy for Ponzi SMEs – Business Review Europe
In an op ed for Business Review Europe, I challenge the conventional wisdom on the importance of the SME sector. The unintended consequence of…
The Filter^: Another Austrian kick up the arse of Paul Krugman
I provide an Austrian-school critique of Paul Krugman’s latest views. The money quote: Krugman’s policy is akin to confiscating the lifeboats from a cruiser…