Beyond satire
by“Je ne suis pas Charlie. I am not Charlie, I am not brave enough. “Across the world, and certainly across Twitter, people are showing…
Economics
2015: the year of the slump?
by2014 ended with two ominous developments: the strength of the US dollar and a collapse in key commodity prices. It is tempting to view…
Time Horizons And Time Preference
byRecent dollar strength has been a surprise to many but a strong dollar was also a key component of the Asian currency crises of…
An odd, non-linear world
by“Sir, John Authers, in Loser’s Game (The Big Read, December 22), could have delved deeply into the flaws in the asset management business as…
The Japanese Deflation Myth and the Yen’s Slump
by[Editor’s Note: this piece, by Brendan Brown, first appeared at mises.org last year] The slide of the yen since late summer has brought it…
Falling Interest Causes Falling Profits
byMost people assume that prices move as a result of changes in the money supply. Instead, let’s look at the effect of changes in…
Happy New Year from The Cobden Centre!
by2015 is already looking like a good year for those who believe that liberty is the fountainhead of human progress…
The Real Fed Tug Of War: the Yellen Doctrine vs. the Volcker Doctrine
byThe financial markets are on a hair trigger as to when, and how quickly, the Fed will tighten and raise interest rates. Billions of…
The False Promises Of Two Percent Price Inflation
byA specter is haunting the world, the specter of two percent inflationism. Whether pronounced by the U.S. Federal Reserve or the European Central Bank,…
“We hate you guys but there is nothing much we can do”
by“Except for US Treasuries, what can you hold ? US Treasuries are the safe haven. For everyone, including China, it is the only option…..