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It’s time for a ‘national conversation’ about the revival of sound money 27 Aug 2013 | 12:30 pm
A view from America … The growth gap of the current recovery compared to an average recovery is $1.3 trillion below normal. (Trillion. With a t.) Current private sector unemployment is nearly 4 mil...
2013 Toronto Austrian Scholars Conference 26 Aug 2013 | 07:00 pm
For readers across the pond, or those tempted to make the journey … The annual Toronto Austrian Scholars Conference (TASC) of the Ludwig von Mises Institute of Canada will be held at the University o...
Motown breaks down 25 Aug 2013 | 04:45 pm
The 2,500 seat Eastown Theatre hosted The Who and The Kinks. The Cass Tech High School taught Diana Ross and John DeLorean. Michigan Central Station, almost 100 feet long, 230 feet wide, and graced wi...
The German way of 1923 23 Aug 2013 | 12:30 am
I chanced this morning on the superb collection of essays from Ludwig von Mises, The Causes of the Economic Crisis and Other Essays Before and After the Great Depression (PDF). In his Stabilization o...
King Carney fails to command the tides 20 Aug 2013 | 12:30 pm
“Sir, Martin Sandbu writes: “We should not worry about inflation – if we strip out volatile or policy-driven elements, it stands at 1.5%, according to Citigroup”, (“Carney has not yet bent the markets...
The injustice of easy money is going mainstream 16 Aug 2013 | 12:00 pm
The Daily Mail reports Interest rates: How keeping them at a record low is a deliberate government ploy to pay off its debts: A stealth raid by the Bank of England has stripped savers of more than £1...
In Defense of the Euro (An Austrian Perspective) 15 Aug 2013 | 05:45 pm
Professor Jesus Huerta De Soto sent me a copy of his new film called “In Defense of the Euro (An Austrian Perspective)”. You can watch it here. For those truly interested in the Gold Standard as a po...
Money demand and banking – some challenges for the “Free Bankers” 12 Aug 2013 | 01:30 pm
Within the Austrian School of Economics there has long been disagreement and therefore occasionally fierce debate about the nature and consequences of fractional-reserve banking, from here on called s...
Hooray for Hollywood! 10 Aug 2013 | 04:45 pm
In Europe, the picture on one side of the banking balance sheet remains one of shrinking credit (more especially of the productive, private sector kind which is off 5.1% yoy after three years of relat...
The wrong kind of consumption 9 Aug 2013 | 01:30 pm
Since our last attempt at a textual analysis of where the economic pain threshold lies for China’s rulers, the intervening period has been punctuated by a flurry of meetings, pronouncements, prognosti...
