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Money Supply

Economics

A crack-up boom in the making

15th June 2022 Going Postal 1897 Comments

The great Ludwig von Mises first described the concept of a crack-up boom as part of the Austrian business cycle theory, based on real life events that to an unsuspecting bystander might have appeared unconnected, [more…]

Business

All other things being equal

13th June 2022 Emile Woolf 3308 Comments

A paradox is an apparent absurdity or contradiction that, on close investigation, is found to be true. What’s happening in government right now is hardly paradoxical – it certainly appears to be both absurd and [more…]

Economics

A Very Short Primer on What Causes Inflation

28th March 2022 Patrick Barron 3559 Comments

What almost everyone calls “inflation” is really a rise in the general price level. OK. But the real definition of “inflation” is inflation of the money supply. A rise in the general price level is [more…]

Patrick Barron, Going Postal
Business

How Government Hides the Damage from the Covid-19 Lockdowns

16th March 2021 Patrick Barron 2068 Comments

Do not believe government pronouncements that the economy is rebounding from very minimal damage caused by unprecedented Covid-19 inspired closures of businesses or that the damage was very  mild anyway. Government will use it favourite [more…]

Emile Woolf, Going Postal
Business

The Gulf Between Rich & Poor

5th November 2019 Emile Woolf 2497 Comments

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…]

Arts

A Simple Example to Explain Some Austrian Economic Principles

1st November 2018 Patrick Barron 3135 Comments

Simple examples can be used to explain what seem at first glance to be complex economic principles. I’ll use a hypothetical yet commonplace experience to explain how money may be used for only one of [more…]

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