As my regular readers know, most of my essays are forays into challenging economic issues. They reflect my own attempts to gain an understanding of their underlying principles. But there’s a lot riding on the [more…]
There are numerous and wide-ranging reasons why someone may choose to invest in physical precious metals. A deep understanding of monetary history provides plenty of solid arguments, and so do the mounting geopolitical risks, the [more…]
We are well into the protest season. The long run-up to the election period has been characterised by one protest after another – no-deal Brexit, climate change, arms sales, Tommy Robinson, police brutality, capitalism, Trump’s [more…]
The great Spanish master, Francisco Goya, expressed it concisely: “The sleep of reason produces monsters”. Today, wherever you look, insanity masquerades as rational thought. Lunatics flout their blatantly potty views as if they carried the [more…]
The US Department of Defence is a major customer of many private sector suppliers, including the Boeing Company. Although relationships between customer and supplier are mutually beneficial, that is by no means the only reason [more…]
“The intellectual leaders of the peoples have produced and propagated the fallacies which are on the point of destroying liberty and Western civilization.” Ludwig von Mises, Planned Chaos It took multiple meetings and over 50 hours [more…]
There can be little doubt that tenacity is a great virtue. It means holding on to something important, something you believe in, no matter what. The trouble with tenacity, however, is that it does not [more…]
Perhaps the most destructive premise of modern, mainstream economics is that a central bank-induced monetary/credit expansion can cause an economy to grow without adverse consequences. Let’s be perfectly clear from the start…this policy has been [more…]
A few years ago, shortly after the 2008 subprime lending disaster, the Fed sent a public relations team around the country to conduct supposedly “educational sessions” about how the Fed works and the wonderful things [more…]
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