Merry Christmas from TCC: Treasury Select Committee to examine low interest rates
byNext year there will be a parliamentary enquiry into the effects of ultra low interest rates and other mechanisms of radical monetary policy. It…
monetary policy
George Selgin: Has the Fed been Holding Down Interest Rates?
bySource: https://www.alt-m.org/2016/12/01/fed-holding-interest-rates/ ONCE UPON A TIME, when my twin brother and I were tots, our father convinced us that he could make a traffic light…
When wonks go rogue
by“..The iron convention observed by almost everyone in showbiz: no matter which way you vote in private, you must always pretend in public that…
Monetary Freedom would strengthen Britain’s position in Trade Negotiations
byGiven the ongoing concerns regarding the strength of Britain’s position in trade negotiations, many alternative policy suggestions that may have previously been politically infeasible…
About that Economic Inequality
byI address this essay to two groups. One group is those among the liberty movement, who believe that there’s nothing wrong with inequality. These…
Memo to President Trump or President Clinton: The Gold Standard Made America Both Good and Great
byMarc Levinson writing recently in The Wall Street Journal provides a very pessimistic view for the American Dream, “Why the Economy Doesn’t Roar Anymore:…
Pound Sterling troubles would have been irrelevant with Free Banking
byThe violent exchange-rate fluctuations in pound sterling raise a host of issues that are causes for concern. Increased inflation is one of the primary…
Fed’s official expressed concern of a possible low natural rate
byIt is widely accepted that by means of suitable monetary policies the US central bank can navigate the economy towards a growth path of…
The Humours of Change Alley
byI was recently flattered to be asked how I envisaged the dreaded ‘helicopter money’ working if it were not to simply add further to…
The Road to Fascism in Just Two Charts
byLaws of politics have been turned upside down. The Intellectuals Yet Idiots can make no sense of it. The underdog who ‘tell it how…