Corn Law repeal shows the progressive effects of freer trade
byAs Britain emerges from the European Union with the freedom to set its own trading arrangements, clear thinking on trade is more necessary than…
Economics
Robert Higgs on regulatory Harmonisation
byContemporary social and economic affairs take place within a bewildering complex of regulatory restrictions and requirements. Already profuse beyond comprehension, the labyrinth grows ever…
Is inflation about increases in prices?
byBy Dr Frank Shostak The recent large increases in the growth rate of the US consumer price index (CPI) has fueled concerns that if…
Inflation Is a Dangerous Way to Get Rid of Debt Burdens
bySuppose you lent someone $100, and when they paid you back they only handed you, say, $99 or $80. Would you consider the borrower…
Annual Austrian School Conference at Austrian Central Bank in Vienna
byThis is a great conference, I gave a speech there in 2019 and will be giving another this year. It’s very special to give…
Emotions versus reason in economics
byBy Dr Frank Shostak According to a relatively new field of economics called Behavioural Economics (BE), emotions play an important role in an individual’s…
Market Hits All-Time Highs As Money Flows Peak
byAuthored by Lance Roberts via RealInvestmentAdvice.com, Over the last few week’s we discussed the ongoing “buy signals” suggesting the market could retest all-time highs. That occurred…
Will China’s Digital Currency Be the Next Big Global Financial Technology?
byWhat if money could instantly and directly reach the people who use it? No banks, no delays, and no fees. People could send each…
Artificial Intelligence Guide for Policy-Makers Part 2
byThe Cobden Centre has worked on emerging technologies around the world. This has included organising the Future of Artificial intelligence Roundtable discussions in the…
The Abuse of Public Debt—and How It Sets the Stage for Economic Disaster
byThe 2020–21 recession has been devastating for the global economy. It has been ninety years since the global economy last suffered through a recession of this magnitude (in…