Debt bomb
byOne for the weekend … A work of brilliance from Dominic Frisby:
Keynesianism
Legacy’s big one
by“Hello London, this is the mayor, and this is the big one.” – Tannoy announcement replayed endlessly over the last month to London commuters…
Fraud
byThis is a documentary that is long overdue, written from the perspective of the Austrian School. These are the economists of Business Cycle Theory…
Kohlruebenwinter for Coventry, Cologne, Caritiba & Canton
byLast week it was announced that Beijing was reversing an earlier decision to allow local governments to issue their own bonds, causing eyebrows to…
In defence of the euro: an Austrian perspective
byWith a Critique of the Errors of the ECB and the Interventionism of Brussels 1. Introduction: The Ideal Monetary System Theorists of the Austrian…
Frenzied spending caused a feeble recovery
byA view from America … Would you happily sign an IOU for $126,000 to allow Barack Obama to keep his Big Spender status going?…
By abandoning the gold standard we embraced monetary central planning, chaos
byWith this essay I will try to reconcile two apparently conflicting perceptions of the key problems with our present monetary system. I will start…
Gold bugs will be vindicated
byIn recent weeks, while the eurozone has suffered escalating levels of systemic stress in government bond markets and its banking system, the gold price…
Europe’s voters say ‘No’ to economic reality
by“Europe fights back against austerity” was how The Daily Telegraph headlined its weekend election coverage. Anti-austerity movements are gathering pace across Europe following political…
How to debate Paul Krugman
byPaul Krugman is the high priest of Keynesianism and modern interventionism, of economic improvement through inflation and budget deficits. As such he is bête…