Where next for the economy?
Via Entering the Greatest Depression in History by Andrew Gavin Marshall, indications of the possible path of the global economy: Entering the Greatest Depression…
Economic Interventionism, Banks and the Crisis
Steven Baker presents a precis of de Soto’s Money, Bank Credit and Economic Cycles pp650-653, setting out an argument which was famously expounded by…
British Attitudes to Banking
Who owns the money in your current account? How much is on reserve? Loaned? Please take our survey: British Attitudes to Banking.
Bank of England Increases Size of Asset Purchase Programme by £50 Billion
As the Bank of England announces more new money, we indicate counter arguments. Via Bank of England|Publications|News|2009|Bank of England Maintains Bank Rate at 0.5% and…
Online Library of Liberty – Richard Cobden
Thanks to The Online Library of Liberty, Richard Cobden’s works are now available from our downloads page: Cobden was a member of the British Parliament…
Financial reform in America: Wobbling | The Economist
Via Financial reform in America: Wobbling | The Economist: “IN THESE efforts we seek a careful balance,” Barack Obama declared as he unveiled his…
Final-salary pension fund deficit doubles at Britain’s blue chips
Via Final-salary pension fund deficit doubles at Britain’s blue chips : The shortfall in FTSE 100 blue chip final-salary pension schemes more than doubled…
The Bank must keep the presses rolling – Telegraph Blogs
Via The Bank must keep the presses rolling – Telegraph Blogs: The figures don’t in themselves prove that QE has been unsuccessful. It is…
FT.com / Financials – US prime borrowers fall behind on payments
Via FT.com / Financials – US prime borrowers fall behind on payments: The number of US prime borrowers behind on home loan payments has…
FT.com / US / Politics & Foreign policy – Obama urged to ‘make the case’ for free trade
Via FT.com / US / Politics & Foreign policy – Obama urged to ‘make the case’ for free trade: The US’s largest trade and…