Did “The Nixon Shock” Lead to Nixon’s Resignation?
byThis month we observe the 40th anniversary of the resignation, under threat of imminent impeachment, of President Richard M. Nixon. Nixon aide and loyalist…
Politics
Keep calm and carry on
byAt the end of July global equity bull markets had a moment of doubt, falling three or four per cent. In the seven trading…
World War One and the End of the Bourgeois Century
by[Editor’s Note: this first appeared on mises.org] Last week marked the 100 Anniversary of the beginning of World War I. That war, which produced…
Is Paul Krugman Leaving Princeton In Quiet Disgrace?
byProfessor Paul Krugman is leaving Princeton. Is he leaving in disgrace? Not long, as these things go, before his departure was announced Krugman thoroughly was…
Monetary discord
byLast Monday’s Daily Telegraph carried an interview with Jaime Caruana , the General Manager of the Bank for International Settlements (the BIS). As General Manger,…
Is there room for Austrian ideas at the top table?
by[Editor’s note: now that Steve Baker MP is on the Treasury Select Committee, it should be of interest to all Austrianists, and those interested…
A tale of two certainties
byIt is common knowledge that Japan is in extreme financial difficulties, and that the currency is most likely to sink and sink. After all,…
A time of universal deceit
by“Individuals who cannot master their emotions are ill-suited to profit from the investment process.” – Ben Graham. “What really broke Germany was the…
Signs Of The Gold Standard Emerging From Great Britain?
byComes now to respectful international attention a volume entitled War and Gold: A 500-Year History of Empires, Adventures, and Debt by Member of Parliament Kwasi Kwarteng. …
Paul Volcker’s Call For A ‘New Bretton Woods’ Is Important
bySeth Lipsky, the editor of the storied New York Sun (a brand distinguished by the long residency of Henry Hazlitt), recently, in the Wall Street Journal, brought…