Unemployment and groupthink
byOn Friday 6th February the American Bureau of Labor Statistics (BLS) released its employment estimates for January, which being better than the market expected,…
Economics
Bitcoin: The Future of Money? Interview with Dominic Frisby
byWith Cobden Centre contributor Dominic Frisby’s book on Bitcoin now a number 1 bestseller on Amazon in Online Trading and Investing, and certainly the best…
Greece, Germany and the ECB: and what it means for Bonds, Stocks and the Euro
byGreece is back in the spotlight amid renewed fears of a break-up of the Euro as the Syriza party show a 3.1% lead over…
Yes, Virginia, There Is No Political Santa Claus
byAt a time of the year when gift giving and charitable good spirit fills the air, please allow me to be the one who…
The Real Fed Tug Of War: the Yellen Doctrine vs. the Volcker Doctrine
byThe financial markets are on a hair trigger as to when, and how quickly, the Fed will tighten and raise interest rates. Billions of…
Total Output grew by 2.17% in 2012
byOctober 31st saw the belated release of the 2014 Input-Output Supply and Use Data. This is important because it incorporates a larger amount of…
Are major economies suffering from the deficiency of demand?
byIn his article “The curse of weak global demand”, Financial Times November 18, 2014, the economics columnist Martin Wolf wrote that today’s most important…
Understanding the Money Creation and Society Debate
byTogether with colleagues spanning four parties – Michael Meacher (Lab), Caroline Lucas (Green), Douglas Carswell (UKIP) and David Davis (Con) – I have secured a…
Macro economic data: an instrument for government intervention
byIt is generally held that for an economist to be able to assess the state of the economy he requires macro-economic indicators which will…
A market reset due
byRecent evidence points increasingly towards global economic contraction. Parts of the Eurozone are in great difficulty, and only last weekend S&P the rating agency…