Arden Partners — Beware of Greeks Bearing Gifts
byThe brilliant economist Ewen Stewart of Arden Partners sadly shows we are going the way of Greece, not Ireland: We call the UK the…
Financial Stability
On the IMF’s bank tax proposals
byThe BBC reports that the IMF has unveiled its interim proposals on a new international tax on the financial sector, ahead of a meeting…
Laurence Kotlikoff’s “Jimmy Stewart is Dead”
byJimmy Stewart plays George Bailey who is cast as the “honest” and trustworthy banker in the classic Hollywood film, “It’s a Wonderful Life.” Kotlikoff’s…
De Soto and the Relevance of his Banking Reform Proposal Today
byThis has been copied from Money, Bank Credit, and Economic Cycles which can be downloaded here or bought here. PREFACE TO THE SECOND ENGLISH…
Arden Partners – Equities to Win
byWe are indebted to Ewen Stewart of Arden Partners for permission to publish his report: A Game of Two Halves – Equities to Win….
Good article on Naked Capitalism
byBy way of nakedcapitalism.com this excellent article from washingtonsblog.com on “Fictional Reserve Banking”: But whatever you think about fractional reserve banking, whether or not you agree…
Greg Mankiw Ponders Greenspan’s Paper the Crisis and Considers 100% Reserves
byWe are grateful to Robert Arbon for pointing out this article on Greg Mankiw’s Blog: I just returned from the spring meeting of the…
The Crack-up Boom
byThis post is excerpted from Mises’ “The Causes of the Economic Crisis and Other Essays Before and After the Great Depression” which is available…
The Fastest Growing Export of the Western Banking Industry is Fraud | zero hedge
byVia James Tyler and zero hedge, The Fastest Growing Export of the Western Banking Industry is Fraud: Politicians and bankers would do well to head…
Presbyterian Mutual Society and a Solution to Pay out all its Creditors and its Place in the Honest Money Movement
byA bank , building society that uses factional reserves, lends long and pays out short is only going to exist should confidence be kept…