QE will come to the eurozone – and, like elsewhere, it will be a failure
byThe data was not really surprising and neither was the response from the commentariat. After a run of weak reports from Germany over recent…
money supply
Keep calm and carry on
byAt the end of July global equity bull markets had a moment of doubt, falling three or four per cent. In the seven trading…
Stagflation is, always and everywhere, a Keynesian phenomenon
byAlthough it might seem odd for a school of economics to largely ignore the role of money in the economy, this is indeed the…
FMQ carries on growing…
byJune’s FMQ components have now been released by the St Louis Fed, and it stands at a record $13.132 trillion. As can be seen…
Is Paul Krugman Leaving Princeton In Quiet Disgrace?
byProfessor Paul Krugman is leaving Princeton. Is he leaving in disgrace? Not long, as these things go, before his departure was announced Krugman thoroughly was…
Monetary discord
byLast Monday’s Daily Telegraph carried an interview with Jaime Caruana , the General Manager of the Bank for International Settlements (the BIS). As General Manger,…
Is there room for Austrian ideas at the top table?
by[Editor’s note: now that Steve Baker MP is on the Treasury Select Committee, it should be of interest to all Austrianists, and those interested…
Where is the US$ heading against major currencies?
byWithin the framework of our econometric model the key variable that drives a currency rate of exchange is the relative money supply rate of…
First glance at MAex
byThe recent update to the MA compilation method revealed a sudden reduction in the growth rate. However this was driven by a mysterious “improvements in…
New private monies can outcompete government monetary systems
by[Editor’s note: this article was originally published by the IEA here] I would like to thank the IEA for today publishing my monograph, New Private…