A central banker worth hearing?
I’m not aware of any unconditional support for central banking as such around The Cobden Centre but, nevertheless, occasionally a central banker says something…
Who needs economic freedom when you can vote?
As the resident Parliamentarian amongst the Cobden Centre staff, I thought Learn Liberty’s Who Needs Economic Freedom When You Can Vote? was the right…
Could the US Republican Party take gold seriously?
Via the Financial Times and behind their paywall, we learn: The gold standard has returned to mainstream US politics for the first time in 30…
Two simple steps to transform the culture of banking and to forestall the next outrage
It’s time to privatise commercial risk in banking and insist on prudent accounts. Government should: Eliminate moral hazard from the financial system by implementing…
Time and Money
Roger W Garrison’s Time and Money: The Macroeconomics of Capital Structure bursts with insight but this from the final chapter could be the missing link…
Gold Wars, Ferdinand Lips
In Gold Wars, Swiss banker Ferdinand Lips sets out the case that gold and freedom are inseparable. Over 254 pages, he shows how governments…
Hard work needs honest money
In yesterday’s Telegraph, William Hague tells the Government’s business critics to stop complaining and work hard to deliver jobs. However, Mr Hague forgets that a…
On double-dip recession, Tullett Prebon rightly ask “What’s the big idea?”
The latest strategy note from Tullet Prebon asks, “What’s the big idea?” with the subtitle “the imperative need for a new ideology”, writing: Effective…
Monetary activism caused the crisis and may cause a worse one later
Two weeks ago in the Budget debate, I set out how “monetary activism”, which is one of the pillars of the Government’s strategy, could…
Banking: from Goldman Sachs to David Fishwick?
Two days ago, Greg Smith, a Goldman Sachs executive director, resigned in sensational fashion, writing a column in the New York Times. In the…