That G20 meeting
byG20 gatherings of world leaders on the surface are all the same: they conclude with a meaningless anodyne statement that everyone can agree with….
Money
Understanding the Money Creation and Society Debate
byTogether with colleagues spanning four parties – Michael Meacher (Lab), Caroline Lucas (Green), Douglas Carswell (UKIP) and David Davis (Con) – I have secured a…
The Future of Bitcoin
byLater today, I will be speaking at this year’s Cato Annual Monetary Conference in Washington, DC. The theme of this year’s conference is positively…
The Rise And Fall And Rise And Fall Of King Dollar, Part 2
byAs stated in the preceding column, here, eminent labor economist Jared Bernstein recently called, in the New York Times, for the dethroning of “King…
The Rise And Fall And Rise And Fall Of King Dollar, Part 1
byThe Wall Street Journal, recently, in The Return of the Greenback, observed that “the resurgent dollar has logged its longest winning streak in 17…
End the Fed’s War on Paychecks
byThe Democratic Party has made “income inequality” a signature issue for the 2014 (and, presumably, 2016) election cycle. Democrats, en masse, shout “J’accuse!” at Republicans. …
The end of tapering and government funding
byLast year markets behaved nervously on rumours that QE3 would be tapered; this year we have lived with the fact. It turned out that…
A difficult question
byIn a radio interview recently* I was asked a question to which I could not easily give a satisfactory reply: if the gold market…
Bank Run Incentive, Central Bank Bankruptcy, and The Fallacy of the Credit Theory of Money
by[Editor’s Note: this is from the World Dollar Foundation, and can be found here] Part 1: The Bank Run Incentive There is an incentive…
Money, Macro & Markets
byFirst it was the government’s miraculous ability to deliver on-target GDP growth that got the permabulls bellowing again, then it was the striking (world-beating,…