The Function of Money
byThis is the first in a series of articles taken from Mises, The Theory of Money and Credit (1934). Here, we introduce the function…
Money
Free Banking, the Balance Sheet and Contract Law Approach
byFor new readers to this site who are not aware of the debate that exists within the Austrian School, there are those who are…
Some people doodle pictures
bySome people doodle pictures, but I’m the type who mucks around random bits of historical price data just to see where it goes. For…
Is this the beginning of the end of the Eurozone?
byCould the endgame of this “Greek tragedy” be a eurozone break-up? The single currency’s supporters maintain such an outcome is mere mythology. Greece accounts…
How much is your pound or dollar actually worth since government has been in control of money?
byThe answer is that the US dollar has lost 98.17% of its purchasing power and the pound sterling 99.42% of its purchasing power. Well done…
Alchemists of Loss, Prof. Kevin Dowd
byWe are delighted to announce a forthcoming book by Cobden Centre Senior Fellow Professor Kevin Dowd and US-based journalist and former investment banker Martin…
FT.com – Traders make $8bn bet against euro
byThe Financial Times has an item up about the weight of investor pressure to sell the euro, taking the view, no doubt, that the…
Do it for the money
byLast year two police women (WPCs) were discovered to have a reciprocal child-minding arrangement. It was initially declared unlawful. Child minders who receive payment…
A day of reckoning: how to end the banking crisis now
byDrawing on the work of Nobel Laureates in economics from three traditions, plus numerous other distinguished scholars, Cobden Centre Chairman, economist and successful entrepreneur…
Moneyweek: Japan leads the way… through a minefield
byOver at Moneyweek, Bill Bonner argues in a subscriber-only article that ersatz money is a flop. Bonner describes John Law‘s disastrous paper money scheme…