Red Yawn
by“The film that almost caused the collapse of a film studio and nearly led to World War III should really be a lot better.”…
Economics
Living off immoral earnings
by“You’re not only wrong. You’re wrong at the top of your voice.” – John J Macreedy (Spencer Tracy) in ‘Bad Day at Black Rock’….
David Stockman on Bernanke
bySource: http://davidstockmanscontracorner.com/bernankes-balderdash/ The US and world economies are drifting inexorably into the next recession owing to the deflationary collapse of commodities, capital spending and world…
The Reality Behind the Numbers in China’s Boom-Bust Economy
by[Editor’s Note: this piece, by Yonathan Amselem originated here: https://mises.org/library/reality-behind-numbers-china%E2%80%99s-boom-bust-economy] Last year, the world was stunned by an IMF report which found the Chinese…
Chapter 5: Economists and the Banking System, part 2: Adam Smith, some early Americans, and Friedrich List.
byThis chapter is about economics in transition. Economics means literally ‘housekeeping’ and most early writers on economics (roughly speaking before Adam Smith, 1723-90) treated…
Crony Capitalism the Cause of Society’s Problems
bySince the economic downturn of 2008, the critics of capitalism have redoubled their efforts to persuade the American people and many others around the…
Squashed
byAs a child I was fascinated by the concept of a neutron star. A neutron star is the tiny but immensely dense thing that’s…
The Bank of England’s One Bank Research programme – how to truly challenge the orthodoxy?
byThe Bank of England launched its “One Bank Research” programme last year. They write: Through our One Bank Research initiative, the Bank of England…
Now What?
byThis piece, by Doug Noland, originated here http://creditbubblebulletin.blogspot.co.uk/2015/09/weekly-commentary-now-what.html September 18 – Reuters: “The world’s leading central banks are facing the risk that their massive…
Eugen von Bohm Bawerk: From Miracle to Cataclysm – why the commodity bust will last for years
bySource: http://bawerk.net/2015/09/11/from-miracle-to-cataclysm-why-the-commodity-bust-will-last-for-years/ The Chinese Jīngjì qíjī, wirtschaftswunder, keizai no kiseki, milagro económico or whatever you want to call is neither a miracle nor distinctly…