What the pound has still to learn from gold
byToday, as there are so many politicians meddling around trying to get things right in our economies, people are concerned about money; not only…
Insight
The Road to Serfdom, Amazon best seller
byTo our great delight, The Road to Serfdom, by the outstanding thinker F.A. Hayek, was this June the No. 1 best seller at Amazon.com…
Short sharp shock – “the Irish Route” or Keynesian Malaise?
byKeynesian Theory According to Keynesian Theory, a recession is caused when there is not enough “aggregate demand” to soak up all the goods and…
Honest Money through bearer shares, a proposal
byBy kind permission of Paul Birch, we reproduce his essay setting out a proposal for honest money through bearer shares, previously published on this…
Ambrose Evans-Pritchard: Time to shut down the US Federal Reserve?
byIs AEP becoming a Ron Paul supporter? He might be. If you haven’t read it yet, his latest thoughts are well worth a perusal:…
The “Stimulators” versus the “Austereians”: The New Ideological Divide
byIn his usual straight-to-the-point way, Peter Schiff of Euro Pacific Capital has summarised the recent financial split at the G20 meeting, in the style…
The Captains and the Kings Depart – a dissent upon the Keynesian canard
by“[Government] is apprehended, not as a committee of citizens chosen to carry on the communal business of the whole population, but as a separate…
Further reflections on Alchemists of Loss
byLast week I presented a book review of Alchemists of Loss [1]. Now I seek to explore the errors of Modern Financial Theory in more…
A Problem with the Baxendale Plan?
byOn this website Toby Baxendale presented his plan for monetary reform. He offered a reward of £1000 for anyone who can provide a logical…
Alchemists of Loss
byHow Modern Finance and Government Intervention Crashed the Finance System by Kevin Dowd and Martin Hutchinson , Published by Wiley 2010. This book is…