The productivity myth
Every now and then, there’s a rash of commentary on national productivity. And for the British, productivity is all part of the Brexit ang...
Goldmoney Insights
Social destruction by the abuse of money
In Britain, the top 1% of earners pay over a quarter of all income tax collected, and while super-rich British residents perhaps don’t hav...
Further thoughts on Gibson’s paradox
“The paradox is one of the most completely established empirical facts in the whole field of quantitative economics.” – John Maynard K...
See no evil, speak no evil…
The Jackson Hole speeches of Janet Yellen and Mario Draghi last week were notable for the omission of any comment about the burning issues o...
Gold – crossing the Rubicon
Gold is challenging the $1300 level for the third time this year. If it breaks upwards out of this consolidation phase convincingly, it coul...
Why economists cannot forecast recessions
The purpose of this article is to draw the widest attention to the chronic inability of the economic establishment to forecast recessions. N...
Time for a new gold standard for Asia
Over half the world’s population, living in the Eurasian land mass, understands that gold is money. The leaders of the Asian nations also...
Understanding money and prices
This article explains the money side of prices, and why government currencies, unbacked by gold, are doomed to collapse. And why gold, which...
Left wing, right wing, and free markets
One of the saddest things about Britain’s recent general election was the level of ignorance displayed by all parties on the broad subject...
Safety in banking
There was a time when banks acted as custodians of their customers’ money. Indeed, keeping a person’s money and using it as if it belong...