The Endgame
byThere is a growing fear in financial and monetary circles that there is something deeply wrong with the global economy. Publicly, officials and practitioners…
Economics
Mises.org: Keynes’s Critique of Econometrics Is Surprisingly Good
byIn a recent article we had a brief look at Ragnar Frisch’s (1895–1973) vision of econometric model building. As mentioned, Frisch was the first…
When the game changes
by“In a free market, the price and quantity of an item are determined by the supply and demand for that item.” ‘The function and…
Bawerk.net: Hillary Will be the Least of Your Worries – America has Economic Diarrhea
byAccording to the National Bureau of Economic Research (NBER), the official recession arbiter, the US economy is currently at its fourth longest expansion in…
Happy Earth Day: How To Use Capitalism To Bring Us Abundant, Cheap And Emission-Free Energy
byOne of the loudest and most fruitless political disputes in Washington has been about climate change. If you’re even vaguely concerned about climate change,…
David Stockman: What Comes Next——Krugman’s Fiscal Equivalent Of War
bySomebody must have reinstated Paul Krugman’s passport. He was recently back in Japan to meet with the world’s leading economy-wrecking triumvirate —-Prime Minister Abe, BOJ Governor Kuroda…
The Road to Canossa
byThat the artificial interest rates in evidence in our hugely distorted capital and money markets can be made negative in nominal as well as…
Eugen Böhm von Bawerk: Chinese Dragon: Breathing Credit Fumes
byEconomic forecasting, no matter how complex the underlying model may be, is essentially about extrapolating historical trends. We showed last week how economic models…
Dr Syed Kamall MEP hosts virtual currencies and blockchain exhibition in European Parliament organised by The Cobden Centre
byAs a group leader within the European Parliament Dr Syed Kamall MEP, the Chairman of the European Conservatives and Reformists Group, has the opportunity…
Zero Hedge: What The Market Thinks Are The Biggest “Tail Risks” Right Now
byWhen BofA’s Michael Hartnett releases his monthly Fund Managers’ Survey, the one chart we always focus on is the one showing what the “smart…