The English translation of “Anti-Piketty”, a collection of essays by renowned international economists and historians, critical of Thomas Piketty’s volume, Capital in the 21st Century has been recently published by Cato.
Should one write a book opposing the ideas of another? It would be (...)
International trade is essential for economic growth. Similar to last year, global trade is expected to grow less than global GDP in 2017. This is not good news, especially when accompanied by the protectionist stance of global players like the US. In this scenario, the EU is failing to play (...)
Given the effort being invested into the banking turnaround story by the European authorities, and in particular the European Banking Authority, and the cohesive international supervisory effort being spearheaded by Commissioner Valdis Dombrovskis which we reported in March, you would have (...)
Last month, we reported on compliance failures at very senior levels of the Bank of England, resulting in the resignation of Charlotte Hogg. There was another scandal, also involving the Bank of England and Barclays Bank, which was breaking just as we were going to press. We decided to defer (...)
IREF is a free-market oriented think tank based in France. It promotes ideas, debates, events, and rigorous academic research.
With regard to research, IREF supports original research projects that lead to the production of papers of academic quality of at least 7,000 words. This support is (...)
Rule Flouting Politicians and the Willingness to Cooperate
The market oriented democracy in the West enjoys a historically unprecedented period of wealth and peace today. This success is based primarily on the people living there adhering to some basic rules for social coexistence. Some of (...)
The EU is facing difficult challenges within its borders (weaker economic performance and Brexit) and outside (a more inward-looking America). The Commission has recently released a White Paper describing possible scenarios for the future of the Union. Here is our take on the Commission’s (...)
Kevin Dowd is professor of finance and economics at Durham University. Kevin has written extensively on the history and theory of free banking, central banking, financial regulation, and monetary systems.
The Adam Smith Institute have recently published my report “Killing the Cash Cow: Why (...)
We believe that the ECB is presently using monetary policy in effect to conduct fiscal, as well as monetary policy. Elected politicians should be up in arms; that they are not would imply either that they do not understand this or that they simply accept it. This may provide an interesting (...)
The Bank of England is the focus of two separate news items. Firstly, the BBC has apparently uncovered a videotape evidencing that the Bank strongly pressured commercial banks to falsify Libor submissions in 2008. If true, this contradicts denials we reported in 2012 when such allegations (...)Main topics