Serious advice
by“Given all this, what do MPs do all day? Media manipulation, not operational planning on priorities. “Unsurprisingly, most senior MPs in all three parties…
Insight
Obvious Capital Consumption
byWe have spilled many electrons on the topic of capital consumption. Still, this is a very abstract topic and we think many people still struggle…
A mob of nasty, ignorant dwarves
by“The first rule of compounding is to never interrupt it unnecessarily.” Charlie Munger. “[Ronnie Millar] was.. surprised to be ordered by [Mrs….
Can expectations undo the validity of the Mises’s business cycle theory?
byAccording to Ludwig von Mises’s Austrian Business Cycle Theory (ABCT), the artificial lowering of interest rates by the central bank leads to a…
Debt, Deficits and the Cost of Free Lunches
byIt seems that every generation or two, fundamental economic ideas are questioned and challenged. The reasonable and important idea that governments should balance their…
Chapter 9: Reform
byAnyone reading this probably already feels that reform would be a good idea. On paper, reform would be a simple matter: merely cancelling unjust…
Debasing the Baseless – Modern Monetary Theory
byPopulist politicians are turning to Modern Monetary Theory Fiscal stimulus has not led to significant inflation during the last decade MMT is too…
FMRS London: 9th May 2019
byCheck out FMRS London here: https://freemarket-rs.com/event/fmrs-london/ 05:30 pm – 06:00 pm Registration 06:00 pm – 06:10 pm Welcome and introduction 05:10 pm – 07:30 pm…
Freedom Works in Switzerland
byby Henrique Schneider In 2018, the Swiss economy grew 2.5 percent. For 2019, the Federal Expert Group for economic forecast expects it to expand…
China in transition – From manufacturer to consumer
byChina is evolving from a current account surplus to deficit country Increased domestic consumption and dis-saving by an ageing population drives the trend…