A Free Money Movement
byAn interesting development in the campaign for free banking has been the emergence of social media. I admit that when I first read F.A….
Insight
Banking: the shape of the debate
byShould banks be permitted to operate with a fractional reserve on demand deposits or should 100% reserves be a legal requirement? Should there be…
How To Destroy the British Banking System –- Regulatory Arbitrage via ‘Pig on Pork’ Derivatives.
byFinancial engineer Gordon Kerr explains how to destroy the British banking system through the use of derivatives which take advantage of the regulatory system,…
Gordon Kerr at the European Parliament
byThe following is the text of an address by Gordon Kerr, a Cobden Centre Advisory Board Member, to the Brussels Group at the European…
Imagine that the Crisis was a Shortage of Bread
byOne day in October 2008, the UK’s banks all collapsed. Perhaps it would be more accurate to date stamp the collapse one year earlier…
The kindness of geniuses
byI once saw an advertisement for a book that would apparently reveal the secret of making a profit in the foreign exchange markets. I…
Irving Fisher, 100% Money, 1935
byIrving Fisher’s “100% Money” is remarkable in the context of our present credit crunch. While The Cobden Centre pursues copyright permission to scan and…
A Contrarian’s Dilemma
byThis article from Tocqueville Asset Management is a must to read for anyone interested in the role gold plays in the investment portfolio of…
The 5 percent banking system bailout – The reciprocal of derivatives calculus
byThose unfamiliar with the fine detail of derivatives pricing, regulatory capital, and accounting may have been surprised by Warren Buffet’s 2002 observation that derivatives…
What Happened to “Efficient Markets”?
byBy kind permission of The Independent Institute, we republish a talk given by Cobden Centre Advisory Board Member Professor Peter J. Boettke of George…