The Cobden Centre has been established to promote social progress through honest money, free trade and peace. We endorse Richard Cobden's view that:
11 October 11 by Detlev Schlichter
The world is facing the worst financial crisis since at least the 1930s “if not ever,” the Governor of the Bank of England said last week when he explained to an increasingly sceptical and weary public the Bank’s decision to print yet more fiat money and use it to buy yet [...]
by Dr Tim Evans
So argues Nima Sanandaji in a new paper from Libera called ‘The Swedish Model Reassessed – Affluence Despite the Welfare State’ (PDF). Instead, the paper argues that Swedish affluence is
“…the result of cultural and demographic factors, as well as a favorable business environment throughout most of Sweden’s modern history.”
The evidence presented to support this [...]
by Ingolf Eide
Martin Wolf has usually managed to moderate his inner interventionist. No longer, it seems. In a recent column, he casts caution aside:
The time has come to employ this nuclear option [the printing press] on a grand scale.
Not doing so, he says, would ensure a renewed recession with increased unemployment, falling house prices, reduced real business [...]
10 October 11 by Sean Corrigan
Since the Great Financial Crisis started (in truth, since well before), we have unwaveringly maintained three main tenets in relation to how one should deal with the aftermath of a credit-driven, mass misallocation of resources.
Firstly, we have said that, even if we did accept, arguendo, the trite macroeconomic mumbo-jumbo of over-aggregation, that tired old, maintenance-of-spending-at-any-cost, [...]
by Alasdair Macleod
Over the last few weeks there has been a growing realisation that the weaker members of the eurozone are caught in debt traps. When the “PIIGS” (Portugal, Ireland, Italy, Greece and Spain) signed up to the eurozone they gave up the right to devalue, which is the traditional and delusionary escape [...]
