Capitalist technology sustained the failed economic experiment of Soviet Communism
byDespite the central role played by State controlled central banks and financial institutions in bringing about the conditions which led to the global credit…
Economics
Why Not Private Provision of Many Government Services?
byOne of the great controversies in modern society concerns the necessary and required functions of government. There are few who disagree that if government…
Problems Facing the U.S Healthcare System Part 1
byBy Jai Khemani Jai recently got 2 A*s and an A in his A levels and is now looking forward to university. Jai is particularly…
Are we nearly there yet? Employment, interest rates and inflation
byRising interest rates and inflation are spooking financial markets Unemployment data suggests that labour markets are tight Central Banks will have to respond to…
What is wrong with the popular definition of inflation?
byAccording to Mises, Inflation, as this term was always used everywhere and especially in this country, means increasing the quantity of money and bank…
Still None, And Even More Reasons To Expect None
byby Jeffrey P. Snider The parallels between the last few years and those at the end of the 1990’s are striking. There was a few…
Prudential regulation ?
by“Investment firms providing the service of portfolio management shall inform the client where the overall value of the portfolio, as evaluated at the beginning…
CommonWeal: Forget about the consequences of your actions
byPublic authorities would be allowed to seize land under the “Public Land Value Capture” proposal suggested by the think tank Common Weal. In short, public…
Currency exchange value dynamics
byIn a recent article I postulated that the dollar could lose all its purchasing power with a rapidity that will come as an unpleasant…
Public Goods, National Defense, and Central Planning
byThe competitive market economy is a powerful institutional mechanism for bringing human ingenuity, energy and creativity to bear to improve both the material and…