Alasdair Macleod is the Head of Research at GoldMoney.
The FedFinancial MarketsMoney and Banks
Central banks pretend all these benefits come at no cost to anyone. Unfortunately, we all ultimately pay the price.
The FedMoney and BanksCapital and Interest Theory
Central banks’ economic models predict deeper negative rates are necessary in the event that a significant recession materializes. This would be a disaster.
World HistoryOther Schools of ThoughtPhilosophy and Methodology
By advocating an increased monetary role for the state, Keynes has made the credit cycle considerably worse and more destabilising.
History of the Austrian School of EconomicsOther Schools of ThoughtPhilosophy and Methodology
The General Theory is not a book explaining economics to his followers at all, but a propaganda tool to lead them to his vision of a non-Marxist socialist nirvana.
Global EconomyMoney and BanksProtectionism and Free Trade
Brexit is an opportunity to reset economic, monetary, and trade policies. The implications of getting rid of the EU millstone go far beyond the leaving date of 31 October.