The Corruption of Capitalism in America
byFollowing on from John Butler’s review, here’s Detlev’s take on “The Great Deformation” … David Stockman’s new book is a brilliant, penetrating analysis of the present state…
Keynesianism
Shifting sands
byIn what was a banner week for the many serial inflationists and fans of Big Government out there, equity markets largely reversed the declines…
A review of The Great Deformation
byDavid Stockman’s The Great Deformation is a tour de force of historical revisionism that demolishes the conventional economic and political wisdom prevailing both prior…
Shock news just in! – Western central bankers have just discovered how to rescue us all
byStop all the Bloomberg feeds, cut off all the cell phones, prevent the press from thinking with a juicy story about the failed politician’s…
The errors of Keynes
byThe Austrian School of economics has provided the world with devastating critics of Keynes’s magnum opus The General Theory of Employment, Interest and Money (TGT) for…
The walking dead
by“A formidable set of difficulties is encountered when we ask what there is left of the notion of monetary neutrality for a society which…
A conversation with John Llewellyn
byNot your typical Cobden Centre interview, but hopefully thought-provoking … John Llewellyn is one of the most highly regarded economists in Europe, having worked…
So, what is wrong with Keynesianism?
byRecently, someone left a comment on a post here along the lines of: “What’s your problem with Keynes?” One of the replies mentioned Hazlitt’s…
50th anniversary of Man, Economy, and State
byAs 2012 draws to a close, we should note that it is the 50th anniversary of the 1962 publication of Murray Rothbard’s grand treatise,…
Japan in 2013
byThe Japanese government for the last twenty three years has employed the Keynesian tools of deficit spending and more recently the monetarist policies of…