Confessions of a central bank official (two in fact and one to come)
byCity A.M. reports today Dovish Carney stuns markets: EQUITY markets jumped yesterday after the Bank of England shocked investors by indicating that rates would…
Politics
The madness of contemporary economists
byThe Bank of England is considering negative interest rates to “stimulate” the economy, together with more QE. It’s one thing to pay a bank…
Cobden Centre Radio: Douglas Carswell MP on The End of Politics and the Birth of iDemocracy
byAre democracy and sound money incompatible? Many people think they are but Douglas Carswell, MP for Clacton, begs to differ. Indeed, he has begged…
Pity the central banker
byIf central banking were a stock, you’d go short. Blue-chip mystique still clings to it but you can feel the reputational parabola slowly gathering…
Who needs economic freedom when you can vote?
byAs the resident Parliamentarian amongst the Cobden Centre staff, I thought Learn Liberty’s Who Needs Economic Freedom When You Can Vote? was the right…
Could the US Republican Party take gold seriously?
byVia the Financial Times and behind their paywall, we learn: The gold standard has returned to mainstream US politics for the first time in 30…
What is the correct size and proper function of the state?
byThis is a question that was posted to me by a journalist who has read my book and is following this website. He suggested…
Gordon Kerr critiques the Greek bailout on Bloomberg
byI was glad to see Cobden Partners’ Gordon Kerr on Bloomberg yesterday, explaining why the Greek bailout will fail: As I wrote elsewhere, the…
Speech on the Financial Services Bill
byUnder the heading, Osborne looks to limit damage of ‘credit busts’, the FT gives a neat summary of the Chancellor’s plans. In particular: He…
Beyond the Mondragon experiment
byWhen Labour peer Maurice Glasman recently went on BBC Radio 4 with TCC’s Detlev Schlichter I was disappointed and a little taken aback to…