Dr Lilico of Policy Exchange Gives Serious Consideration to Banking Reform
byIt is a great pleasure to see a respected and mainstream economist jump into the debate about our banking system. Although Dr Lilico does…
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World collapse explained
byHat tip: DK
Reliving the 1930s
byWhy is the money supply dependent on interest rates and government spending?
It turns out the great economist Irving Fisher told us back in the 1930s: banks create and destroy credit money by granting and calling loans. As Fisher wrote:
“Thus our national circulating medium is now at the mercy of loan transactions of banks; and our thousands of checking banks are, in effect, so many irresponsible private mints.”
The IEA’s Mises Primer is Published
byToday, the IEA publish Dr Eamonn Butler’s Ludwig von Mises Primer: Ludwig von Mises was one of the greatest economists and political scientists of…
More Posted to the ASI Blog
byThis blog thread has been very rewarding. There are over 70 useful contributions. Most say, “yes we know the government is debasing us, but as…
An Introduction to Austrian Economics
byFor those coming to to Austrian Economics for the first time, it can seem a daunting process. There are hundreds of books to choose…
Professor Anthony Flew – An Obituary by Professor David Conway
byAntony Flew 1923-2010 With the passing of Professor Antony Garrard Newton Flew, ‘Tony’ to his many friends and colleagues, the world of Anglophonic philosophy…
Dr Eamonn Butler of the Adam Smith Institute seeks Austrian advice
byhttp://www.adamsmith.org/blog/tax-and-economy/a-question-for-followers-of-mises/#disqus_thread Dear Reader , A good quality debate is going on via a neoclassical web site that is worthwhile observing and participating in. Follow…
The Courageous and Brave Kit Malthouse, Deputy Mayor of London
byKit has been a chum for 20 plus years and I am delighted that even with his public position as Deputy Mayor, he is…
Big banking lessons from little Presbyterian Mutual
byThe Belfast Telegraph reports Toby’s efforts to deliver “Big banking lessons from little Presbyterian Mutual“: Investors at the Presbyterian Mutual Society are the only…