Et in Arcadia ego
byContinued from Been there, done that, bought the T-shirt Having broadly tried to demonstrate where we differ from our rivals and where we find their…
Austrian School
Been there, done that, bought the T-shirt
byContinued from Scylla & Charybdis The guilty secret shared by many disciples of these two schools is that they are well aware that theirs…
The Divinity School debate
by“…the stoppage of issue in specie at the Bank [in 1797] made no real addition to the financial powers of the country. On the…
All power to the state! – money madness at the IMF
byYou cannot escape an all-pervasive sense of crisis these days. Impending doom does not only announce itself in actual events but also via the…
The purpose of market intervention
byInterventions in markets by governments and central banks are routine and we take them for granted. No one questions them, but they can create…
Fraud
byThis is a documentary that is long overdue, written from the perspective of the Austrian School. These are the economists of Business Cycle Theory…
The death of banks – and the future of money
byUK Chancellor George Osborne and Bank of England Governor Mervin King last week announced another round of fiscal and monetary stimulus measures, including steps…
How to debate Paul Krugman
byPaul Krugman is the high priest of Keynesianism and modern interventionism, of economic improvement through inflation and budget deficits. As such he is bête…
Keynesian vs Austrian debate hotting up
byLast week, an Austrian-School economist, Robert Wenzel, gave a speech to the New York Federal Reserve, and separately Bloomberg hosted a television debate between…
Euroland: an Austrian view
byIn the last two weeks the headlines have switched from Greece to Italy. Financial and economic commentators who dismissed Greece as a small cog…