A prudent second best
byA great post by George Selgin: Is there a prudent second best? I don’t think I’m adding anything original but as I understand things, George’s…
Economics
Haldane: bond bubble is the biggest threat to financial stability
byVia City A.M., Bank official: Bond bubble is the biggest threat to financial stability | City A.M.. OUTSPOKEN Bank of England official Andrew Haldane warned…
Roubini attacks the gold bugs
byEarlier this month, in an article for “Project Syndicate” famous American economist Nouriel Roubini joined the chorus of those who declare that the multi-year run up…
Does the United States owe a lot to Bernanke?
byIn his Financial Times article on June 4th the FT columnist Martin Wolf praised Ben Bernanke for saving the US economy and the world…
The nonsense behind state intervention
byBoth Keynesians and monetarists believe that increased government spending, or more money injected into the economy, is sometimes necessary. The intervention is in the…
Dr. Paul Craig Roberts on gold and gangster capitalism
byEpisode 129: Andy Duncan has the pleasure to interview former Assistant Secretary of the Treasury, Dr. Paul Craig Roberts. Andy gets straight to it…
Are central bankers losing control?
byThe last couple of weeks have been very interesting. Remember that, certain regional differences aside, Japan has, for the past two-plus decades, been the…
Is Japan heading for another lost decade?
byRecently various commentators have been warning the Euro-zone to boost its stimulus policies in order to avoid a Japanese-style lost decade. By this they…
Why gold is money
byIt is clear that Western capital markets no longer generally regard gold as money. It has been relegated to the status of a risk…
A substandard golden rule
byThe gold “price rule” denotes the monetary reform proposal put forth in various forms by a number of supply-siders, including Arthur Laffer, Robert Mundell, and Jude…