Part II Of course, one of the most important and consequential parts of the incredibly complex organism that is the economy is money itself...

Part I Almost two decades ago, German economist Horst Siebert coined the term the “Cobra effect” to describe the real-world consequences of “well-intentioned” government interventions ...

For many months now, the mainstream financial press and market analysts have been anticipating some kind of violent reaction or a “taper tantrum”...

After months of outright denials and fiery persistence that inflation is not a problem and never will be, central bankers in the US, the EU and other advanced economies are now being forced to face...

Many rational economists and students of history have written countless analyses on the gold standard and the terrible impact that its end has had on the world economy.

The rise and fall of the Roman Empire is arguably one the most studied, written about and theorized over subjects in academia, with fiery debates raging for hundreds of years among historians,...

The September 26 election was an extremely close race, with the eyes of the world fixed upon the country as it tried to find the successor of Angela Merkel, one the most influential and...

President Nixon’s unilateral decision to sever the last link between the dollar and gold had wide ranging and long lasting consequences for the global economy and for the entire monetary system.

A lot has been said and written about the inflationary effects that the closure of the gold window had on the real economy and on ordinary people’s lives

The economic and monetary consequences of Nixon’s decision to end the convertibility of the US dollar to gold are as numerous as they are severe...