The official start of the European transfer union
byThere are basically three scenarios for the future of the European Monetary Union as I argue in my book The Tragedy of the Euro….
Ireland
Cobden Centre Radio: Europe’s Deep Freeze of Debt
byIn this latest Cobden Centre Radio programme, I interview Professor David Howden, a member of our Advisory Board, about his new book, Deep Freeze:…
Birth and Death of the Celtic Tiger
byIn 2008 Eurostat reported that Ireland was the second richest country in the EU. Less than three years later, Max Keiser presents us with…
The Beauty of Being Iceland
byUnder the EU’s Markets in Financial Instruments Directive, the EU allowed the external countries of Iceland, Liechtenstein, and Norway to enter the ‘levelled’ EU…
Are German Dilemmas Causing European Problems?
byThe European monetary union is being held together tenuously. After putting €110bn. on the line to save Greece earlier this year, the tab increased…
Hayek-doubters re Denationalisation of Money: Eat Your Heart Out!
byA great article from Harvard Business Review: Once upon a time, there was a country where bankers disappeared. The bankers, fed up with regulation,…
Learning the Wrong Lessons from Ireland
byAs the bailout of Ireland begins in earnest, many in the media are asking “What went wrong?”, and coming to some dubious answers. The…
Time to sort out mechanisms to wind up banks
byEurope is trapped in a cycle where debt is being passed round and round in circles – the banks are bust so the Irish…
Regulating while Europe burns
byBritain and the Eurozone hover on the Brink of Banking and Monetary Collapse. Our response? More Regulation. The European Central Bank’s head, Jean Claude…
Dear Uncle Sam: the Director’s Cut
byDear Uncle Sam, My mother told me to send thank-you notes promptly. I’ve been remiss, but you know, with my firm’s revenues up 30%…