‘The system has spun out of control’
byBook Review: The Death of Money: The Coming Collapse of the International Monetary System by James Rickards The title will no doubt give Cobden…
F A Hayek
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…
“Fool’s Gold” Standards
byIn a recent Mises Daily, “A Golden Opportunity“, Patrick Barron and Godfrey Bloom make the case for Germany to withdraw from the monetary union combined with…
How the West was lost
by“Sir, I see Sir Mervyn King has signalled that he no longer believes that price stability should be the Bank of England’s primary objective….
U.S. Republicans introduce gold standard debate – mainstream media go mental
byI am not holding my breath over the Republicans’ plans for another gold commission to investigate the possibility of returning the USA to a…
Foreword to Liberalism
byIt was a great pleasure and a privilege to be asked by Jeff Tucker of Laissez Faire Books to write this foreword to Liberalism,…
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…
In defence of the euro: an Austrian perspective
byWith a Critique of the Errors of the ECB and the Interventionism of Brussels 1. Introduction: The Ideal Monetary System Theorists of the Austrian…
As easy as ABCT
byIn economics as with medicine any cure must begin with a sound diagnosis. But if economists were doctors the patient would have died on…
Monetary activism caused the crisis and may cause a worse one later
byTwo weeks ago in the Budget debate, I set out how “monetary activism”, which is one of the pillars of the Government’s strategy, could…