Interview with St. Louis Fed Vice President on Bitcoin
byDr David Andolfatto, who is Vice President of the St. Louis Fed, has been one of the most forward-looking people at central banks around…
Insight
New Normal
byJust over three weeks ago, in his keynote address to the Global Corporocracy at the so-called ‘Summer Davos’ meeting in Tianjin, Li Keqiang firmly…
A difficult question
byIn a radio interview recently* I was asked a question to which I could not easily give a satisfactory reply: if the gold market…
Bank Run Incentive, Central Bank Bankruptcy, and The Fallacy of the Credit Theory of Money
by[Editor’s Note: this is from the World Dollar Foundation, and can be found here] Part 1: The Bank Run Incentive There is an incentive…
Back to the future
by“Sir, Arnaud Montebourg, the former French economy minister and the sourest note in the Hollande repertoire, dares to complain of “absurd” austerity policies ?…
Stocks and the Stockdale Paradox
by“Anything can happen in stock markets and you ought to conduct your affairs so that if the most extraordinary events happen, you’re still around…
World War One and the End of the Bourgeois Century
by[Editor’s Note: this first appeared on mises.org] Last week marked the 100 Anniversary of the beginning of World War I. That war, which produced…
A time of universal deceit
by“Individuals who cannot master their emotions are ill-suited to profit from the investment process.” – Ben Graham. “What really broke Germany was the…
Technical analysis versus value in gold
byEditor’s note: The Cobden Centre is happy to republish this commentary by Alasdair Macleod, the original can be found here. At the outset I…
Five years of disastrously low interest rates have left Britain addicted to cheap credit
byThis article originally appeared in The Telegraph on 5 March 2014. It is reproduced by permission of the author. Five years ago today, the Bank…