Author Archives: radiofreemarket

Turning the Proper Role of Government Upside Down

Re: End cruel delusion of cheap money and reckless spending http://www.cityam.com/article/1386034054/it-s-time-end-cruel-delusion-cheap-money-and-reckless-spending Many thanks to Michael Jose of UKIP for forwarding the above link in his daily blog:  http://euroskept.blogspot.be Steve Baker makes excellent points. But I take exception with one of … Continue reading

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My letter to the Philadelphia Inquirer re: youth unemployment

Dear Sirs: Mr. Mark Zandi says the following in his latest OpEd titled “Ways to help a generation in economic distress”: “Most obviously, we need to focus on raising educational attainment.”  He goes on to say that tax money should … Continue reading

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Why only Europe? Why not the entire world?

Re: This is the Common Market Europe Needs, by Iain Martin Dan Hannan will present the draft statement of a proposed “pan-European Free Trade area open to all states on the European continent.” Wonderful!  But why limit the free trade … Continue reading

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Capital Injections Will Solve Nothing

From today’s Open Europe news summary: European banks face a €280bn capital shortfall in 2014, PricewaterhouseCoopers (PwC) has warned. In its report labelled “De-leverage take 2”, it notes that this is because banks’ capital reserves will face three pressures next … Continue reading

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ECB damns its own policies

From today’s Open Europe news summary: In its latest financial stability report, released yesterday, the ECB warned of potential volatility and stress on global financial markets from the US Federal Reserve’s decision to taper. The ECB also warned that banks’ … Continue reading

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A bad deal all around

From today’s Open Europe news summary: Merkel’s CDU/CSU and SPD seal Grand Coalition agreement Following two months of negotiations, the CDU/CSU and SPD signed off on a coalition agreement early this morning. The Europe chapter of the agreement has not … Continue reading

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How to end the “feedback loop” between sovereigns and banks

Re: Today’s Open Europe news summary: On Monday 2 December, Open Europe will host an event entitled, “Greece after the ‘double crisis’ – Can the feedback loop between sovereigns and banks be broken and can the economy return to sustainable … Continue reading

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ECB’s Draghi fights bogus “dangerous deflationary trends”

Re: Draghi says ECB needs “safety net” against deflation, by Ambrose Evans-Pritchard Ambrose Evans-Pritchard is worth reading not because he understands economics but because he does a good job of parroting the misinformed opinions of Europe’s monetary authorities.  AEP’s latest … Continue reading

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Why Isn’t QE Causing Inflation?

Our monetary czars lecture us to be unconcerned about their unprecedented expansions in base money and the money supply, since there has been little sign of inflation in the economy.  For the purposes of this essay, we will assume that … Continue reading

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I thought Germany was replacing coal with wind and solar….

Re: Steag starts coal-fired power plant I thought that Germany was going to lead the world to a new era of electricity generated by wind mills and solar panels instead of dirty old coal.  What happened? Of course, we know … Continue reading

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