Banking: From Bagehot to Basel, and Back Again
byAs reported yesterday on Mises.org, there were some very encouraging statements in Mervyn King’s Monday speech to the Buttonwood Gathering in New York. King…
Insight
Jeremy Warner: Will someone please shut Krugman up
byThis article is not remarkable for its message, which is straight down the line for those of us who follow the Cobden Centre, but…
The Peter Schiff Show
byStop all the clocks, cut off the telephone, prevent the dog from barking with a juicy bone, silence the pianos, and with muffled drum…
Plaza Accord redux
byAs we head into what will, in all probability, turn out to be just another tax-payer soaking, fatuous gab-fest, the G20 meeting has begun…
Liam Halligan: Coalition claims of ‘pulling Britain back from the brink’ are nonsense
byAnother brilliant piece from Liam Halligan on the inadequacies of the UK’s feeble coalition government, which is dressing itself up as a sheep in…
The ABC(T) of the Crisis
by‘And on one occasion I almost got [Keynes] to understand what I mean when I tried to explain to him that in certain circumstances…
Niall Ferguson on Keynesianism
bySteve Baker’s researcher, Tim Hewish, found an interesting CNN interview with Niall Ferguson on the US approach to the economic crisis: … the way…
Matt Ridley on trade
byA modest antidote for excessive pessimism can be found from listening to the latest interview at econtalk.org with Matt Ridley, author of the Rational…
Inflationary expectations and economic growth
byIn its September 21 meeting Fed officials expressed concern that the US rate of inflation is far too low. Also, on Friday the Fed…
Does the “fallacy of composition” apply to the banking sector?
byThe fallacy of composition misleads you into thinking that you can infer the property of the whole by the property you can observe in…