The final countdown
by“Under the circumstances, discussions with Greece and the official sector are paused for reflection on the benefits of a voluntary approach.” Debt talks “have…
Interventionism
Do nothing: a positive proposal for recovery
byIt was recently pointed out to me that certain free market orientated friends dislike policies that fail to restore immediate growth: Basic economic theory…
Financial regulation and the deception of government intervention
byFrom Deception of Government Intervention (1964) – an essay in Mises’ anthology Economic Freedom and Interventionism – we learn how governments adopted “the third way”: Faced…
Pure Austrian Thinking from Bagus on Banking Reform
byThere are many possible routes to sound money. On the 18th of May, I outlined my plan to reform the banking system. Yesterday we…
Fed signals pullback in liquidity supports
byVia FT.com / US / Economy & Fed – Fed signals pullback in liquidity supports, we learn: The Federal Reserve on Wednesday upgraded its…
Economic Interventionism, Banks and the Crisis
bySteven Baker presents a precis of de Soto’s Money, Bank Credit and Economic Cycles pp650-653, setting out an argument which was famously expounded by…