Exhausted commodities?
In recent weeks, we have argued strongly against any relapse into Malthusianism or any of the other, fashionable Green neuroses which readily afflict those…
The greatest show on Earth
So, the European elite have temporarily managed to contain the submerging market contagion which was threatening to blow apart their beloved superstate and have…
A return to stop-go?
As the Fed’s QE-II programme was first announced and then implemented in the early autumn of last year, more and more elements of the…
I’m sorry, I haven’t a clue!
It was a signal feature of the week that one of the few Grand Wizards of the global Oz in which we live not…
Farewell, QEII. Lusitania, ahoy!
There has been a great deal of misplaced commentary about how the presence of some $1.6 trillion in commercial banking deposits with the Fed…
To be an Austrian
For those of you who may be wondering what all the fuss is about when we talk about being ‘Austrian’, here’s something I wrote…
The vale of tears
Markets were briefly cheered earlier in the week by news that the Chinese government was planning to relieve its banks of up to $450…
Fundamentally speaking…
If, in trying to get a grasp of the state of the market for base metals, you were to listen to the likes of…
Et in Academia ego
In a recent TV appearance, the author was briefly joined on air by a US professor full of the Manichean certitudes only a member…
Free, Fractioned, and Flawed?
Of late, there has been a vigorous renewal of the old debate regarding the advisability or otherwise of allowing free banking institutions – otherwise…