Trade Wars: Those damn’d torpedoes are OURS!
byFor many an age, a principal element of Britain’s strategy in its frequent wars with its Continental rivals was that of the naval blockade….
Sean Corrigan
Faking it
byThanks to the election of President Trump and his uncompromising attitude to the establishment media, much hot air is being expended on the subject…
Io, Saturnalia!
byAh, Brexit! What is there left to say that not already been said, most of it either out of folly or falsehood? As regards the…
Positively Natural – Pt II
byTHE NET THAT SHALL ENMESH THEM ALL Now, the foregoing may be all well and good, but it is also the case that any…
Positively Natural – Pt I
byTHE CASE FOR POSITIVE INTEREST An Austrian rebuttal of Summers et al, in four parts THE TIME IS OUT OF JOINT Over the years,…
The Road to Canossa
byThat the artificial interest rates in evidence in our hugely distorted capital and money markets can be made negative in nominal as well as…
I Love the Smell of Napalm in the Market
byThat usually perceptive and always interesting observer of the financial Zeitgeist, Bloomberg’s estimable Mark Gilbert, has just penned an article entitled: “Milton Friedman’s ‘Helicopter…
The Only Form of Permanence
byPerhaps the first great lesson of economics, as emphasized by Henry Hazlitt, is that there is no free lunch. The second, courtesy of Frederic…
Laying the Foundations
byAs the Yellen Fed inches painfully towards taking its first ‘data-dependent’ steps to raise rates (albeit with the promise that such a process will…
We Will All Go Down Together
bySource: http://truesinews.com/2015/07/09/we-will-all-go-down-together/ When we last wrote, some brave analyst at a Chinese brokerage was making headlines by talking of there being at least another…