LSE Hayek Lecture 2010: Professor Jesús Huerta de Soto from Cobden Centre on Vimeo. See also his books: Money, Bank Credit and Economic Cycles (PDF, buy) Socialism, Economic Calculation and Entrepreneurship (buy)
Tags: 100% Money, Banking, economics, Huerta De Soto, LSE, Money, Reform
Via The Telegraph. The M3 money supply in the United States is contracting at an accelerating rate that now matches the average decline seen from 1929 to 1933, despite near zero interest rates and the biggest fiscal blitz in history. But this begs the question, “Why is the money supply dependent on interest rates and government spending?” It turns out the great economist Irving Fisher told us back in the 1930s: banks create and destroy credit money by granting and calling […]
Tags: 100% Money, Cobden Centre, economics, Money, Money Supply, Reform
Drawing on the work of Nobel Laureates in economics from three traditions, plus numerous other distinguished scholars, Cobden Centre Chairman, economist and successful entrepreneur Toby Baxendale presents an informal introduction to our proposal for honest money and the benefits consequent on the reform. See also our precis of Irving Fisher’s 100% Money. via A day of reckoning: how to end the banking crisis now » The Cobden Centre.
Tags: 100% Money, Banking, Cobden Centre, economics
Via The Cobden Centre » Honest money, a summary of economist Irving Fisher’s “100% Money”: The 100% proposal is the opposite of radical. What it asks, in principle, is a return from the present extraordinary and ruinous system of lending the same money 8 or 10 times over, to the conservative safety-deposit system of the old goldsmiths, before they began lending out improperly what was entrusted to them for safekeeping. It was this abuse of trust which, after being accepted […]
Tags: 100% Money, Banking, Books, Cobden Centre, economics, Finance, Irving Fisher, Money
Steve Baker is the Conservative MP for Wycombe.
Steve was first elected to Parliament in 2010. He was previously an RAF engineer officer then a consulting software engineer. Find out more...
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