Economics
When Suppliers Prefer Their Goods to Our Pounds
Following his interview with Vladimir Lenin on the subject of inflation in 1919, John Maynard Keynes quoted the Russian as having said “The best way to destroy the capitalist system is to debauch its currency”, [more…]
Going for Gold – Part 9
As well as buying precious metals for their intrinsic value there are many people who collect coins, bars and other items and pay far more than their value in weight because of a perceived value [more…]
UK Electricity Supply Bloodbath?
The Market A market is a place where supply meets demand, where wants and needs meet goods and services. A perfect market would be nothing other than that but, apart from thee ‘n me, nothing [more…]
The Greatest Threat to the US Is NOT What Most People Think
Here’s a challenge for readers: Stop reading right now and write down at least five threats to the US. Rank them in order of most serious at the top. Ask family members or friends to [more…]
A Natural Rights and Logic Approach to Guiding Pandemic Policy
Government officials at all levels–federal, state, and local–feel impelled to adopt some sort of pandemic policy, from outright lockdowns to mandates for wearing masks under certain circumstances. It all seems quite arbitrary, because it is! [more…]
50 years since the closure of the “gold window”
What happened and why This year marked the 50th anniversary of President Nixon’s decision to unilaterally close the “gold window”. The impact of this move can hardly be overstated. It triggered a tectonic shift of momentous [more…]
The battle for control over the future of money
It’s no secret that governments and central planners of all stripes have long detested the rise of private money and independent digital currencies. They have tried to stifle the burgeoning crypto industry from the moment [more…]
Conventional wisdom maybe – but it’s never the truth
Whether it’s the belief that commitment to more infrastructure spending by the state will create more jobs; or that import tariffs are needed to protect domestic industries; or that currency manipulation can boost exports; or [more…]