The Cobden Centre is attending the #JacksonHoleSummit
The Cobden Centre will be attending The Jackson Hole Summit in Wyoming this week timed to happen alongside the Federal Reserve’s annual symposium there….
Zero Hedge: After 6 Years Of QE, And A $4.5 Trillion Balance Sheet, St. Louis Fed Admits QE Was A Mistake
Source: http://www.zerohedge.com/news/2015-08-19/after-6-years-qe-and-45-trillion-balance-sheet-st-louis-fed-admits-qe-was-mistake As you’re no doubt aware, the Fed is fond of using the research departments at its various branches to validate policy and…
Eugen von Böhm-Bawerk: That 70s Show – episode 1
From Eugen von Böhm-Bawerk’s blog. Source: http://bawerk.net/2015/08/05/that-70s-show-episode-1/ In several articles we have shown how the world changed from the 1970s with the breakdown of the old…
The German Miracle vs. the Welfare State
[Editor’s Note: The following is by Ludwig Erhard, one of the most important economists of the twentieth century and mastermind of the German economic…
The Unseen Consequences of Zero-Interest-Rate Policy
Source: Ronald-Peter Stöferle at https://mises.org/library/unseen-consequences-zero-interest-rate-policy In a dynamic economy, an action not only triggers just one effect, but always an entire series of different consequences….
Eugen von Böhm-Bawerk: How the FOMC got institutionally corrupt
From Eugen von Böhm-Bawerk, source here: http://bawerk.net/2015/07/16/how-the-fomc-got-institutionally-corrupt/ The Humphrey-Hawkins Full Employment and Balanced Growth act signed into law by President Jimmy Carter on October…
Zero Hedge: Fed Admits Economy Can’t Function Without Bubbles
In short, the dot-com bust was the last chance for the Fed to pivot and liberate the American economy from the corrosive financialization it…
Ryan Streeter: Uber is just the tip of the iceberg
Uber’s battle with New York City mayor Bill de Blasio, which culminated this week in a temporary truce while the city “studies” Uber, shines…
Central Banks and Our Dysfunctional Gold Markets
Article by Marcia Christoff-Kurapovna. Source: https://mises.org/library/central-banks-and-our-dysfunctional-gold-markets Many investors still view gold as a safe-haven investment, but there remains much confusion regarding the extent to…
Zero Hedge: It’s Not Just Margin Debt: Presenting The Complete Chinese Stock Market Ponzi Schematic
Source: http://www.zerohedge.com/news/2015-07-26/its-not-just-margin-debt-presenting-complete-chinese-stock-market-ponzi-schematic Late last month in “The Biggest Threat To Chinese Stocks: Shadow Lending Crackdown“, we suggested that the pressure on Chinese equities –…