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Central Banks

Authoritarianism

Modern Monetary Theory is an old Marxist Idea

9th March 2020 Going Postal 3793 Comments

There is nothing new under the sun Modern Monetary Theory, or “MMT”, has been getting a lot of attention lately, often celebrated as a revolutionary breakthrough. However, there is absolutely nothing new about it. The [more…]

Patrick Barron, Going Postal
Economics

Central Banks: Enemies of Freedom

8th January 2020 Patrick Barron 3328 Comments

Central banks are enemies of a free and prosperous society. Let me count the ways. Like the military, central banks are creatures of the state. Suggestions of them being independent are pure fantasy. There is [more…]

Economics

We Are Presented With A Unique Opportunity

9th September 2019 Emile Woolf 6216 Comments

There is a tide in the affairs of men. Which, taken at the flood, leads on to fortune; Omitted, all the voyage of their life Is bound in shallows and in miseries. On such a [more…]

Economics

“Sticking to Your Guns” – and Other Failed Strategies

12th August 2019 Emile Woolf 1911 Comments

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…]

Business

The Necessary and Inevitable Recession to Come

17th June 2019 Patrick Barron 2159 Comments

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…]

Arts

The Truth About Central Banks

19th February 2019 Patrick Barron 4447 Comments

Most of the world takes it for granted that central banks are necessary for the smooth conduct of trade, both foreign and domestic. Nothing could be further from the truth. Let’s be clear. Central banks [more…]

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