Reasons for Anti-Capitalism: Ignorance, Arrogance, and Envy
byWhy is the free enterprise or capitalist economic system so widely disliked, hated and opposed? Given the success of the competitive market economy to…
Insight
How to Win a Great-Power Competition: Alliances, Aid, and Diplomacy in the Last Struggle for Global Influence
byThe United States is confronted with a condition in the world which is at direct variance with the assumptions upon which [our foreign] policies…
A monster in plain sight
by“Interesting. Sex works even better than chocolate to modify behaviour. I wonder if anyone else has stumbled onto that.” Sheldon Cooper (Jim…
Homos Economicus: a Largely Irrational Animal
byOr ‘How Expected Utility Theory was Successfully Challenged by a Nobel Prize-winning Hypothesis’ By Jessica King 2002’s Nobel prize-winning economist Daniel Kahneman wrote…
Cobden Centre Seminar at the OECD and Meeting at the IMF
byLast Wednesday I gave a seminar at the OECD on the Austrian School of Economics. I presented with Professor Gunther Schnabl from Leipzig University,…
China – leading indicator? Stocks, credit policy, rebalancing and money supply
byChinese 10yr bond yields have been rising steadily since October 2016. They never reached the low or negative levels of Japan or Germany. 1yr…
Capitalism and Competition
byMarket competition is at the heart of the capitalist system. It serves as the driving force for creative innovation, the mechanism by which market…
The Communist Holocaust and its lessons for the 21st century
byFor at least half a century, nearly every secondary school pupil and university student in Britain has learnt about the evils of Nazism and…
Capitalism and the Free Society, Part 2
byThe free enterprise, or capitalist, system has done more to improve the material condition of humanity than any other economic arrangement of human cooperation…
Capitalism and the Free Society, Part 1
byOne of the leading ideological punching bags for well over one hundred years has been the ideas, institutions, and impact of “capitalism” on society….