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Is debt immoral?

Gosh what a question! Here at Bogpaper Towers, we probably lean on the affirmative answer to this question. But after listening to Simon Rose’s excellent performance in this, we can see both sides of the argument. The Moral Maze, a radio 4 programme (link below) this week presents a debate as to the morality of […]

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Iceland’s stunning comeback gives Eurozone food for thought

It’s interesting just quite how little Iceland is mentioned these days. Whilst the Eurozone’s leaders fight against the chance of total collapse, perhaps they should look to Iceland for a ‘what if…’ scenario. Allister Heath explains: GUESS which developed country could enjoy the fastest growth this year? Come on? Alright, then – it’s Iceland. Its […]

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Detlev Schlichter: Why gold is my favourite asset

Today we bring you a great new blog piece from Detlev Schlichter, author of Paper Money Collapse. We have posted some of his work before and will continue to do so in the near future, mainly because his musings are extremely accessible for those new to the world of Austrian economics and libertarian thinking. In […]

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Video

New video: Financial Instability Micro-doc

We’ve been posting quite a few videos here at Bogpaper but, quite simply, they are often the best way to understand and get a message across.

In this ‘micro-doc’ a series of economists, journalists, pscyhoanalysts and other experts discuss neoclassical economics (the branch of economics used today to form economic policies) and how it is based on incorrect foundations. They also make the valid point that economists need to work with others; historians, psychologists, financial analysts etc to try and understnad how humans and markets really do work without basing it on an idealogical theory and instead form a new branch of economics which is built on the right foundations.

Video

New video: In Gold We Trust: The Future of Money in an Age of Uncertainty

Surprisingly, the video below is from the Economist magazine who have just published a new book which looks at gold and the future of money. We haven’t read the book yet, but judging by the beautifully produced animation below, it may be well worth a read.

Video

ECB banker left speechless by Irish journalist

Sent to us by a Bogpaper fan, we enjoyed this clip of Irish journalist Vincent Browne making an ECB Banker squirm by asking him why Irish citizens should be made to pay for elements of this crisis which they had no part in creating.

Detlev Schlichter: What gives money value, and is fractional-reserve banking fraud?

We are big fans of Detlev Schlichter’s debut book Paper Money Collapse, here at Bogpaper. We have shown you some of his writings before, and here is his latest offering. Often people ask what is it that gives money value? Here Mr Schlichter explains and why Fractional Reserve Banking is not fraudulent. I thought I […]

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Guest Post: The ground zero of global corruption – it starts with the currency

In the article below, from Joanne Nova, she explains why we should all be interested in gold and silver investment, and how scared governments are of the precious metals markets and the lengths they will go to. Read the original article here. The scale of the rot is something to behold.  Something is grossly, wantonly […]

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Sean Rosenthal: Krugman and British Austerity

Another excellent article from contributors of the Mises Daily blog. Here in Britain there isn’t a day goes by where we don’t hear of the strict austerity measures which the government have put in place. However, are they really that strict? Sean Rosenthal felt the need to point out they weren’t after reading misinformed Paul […]

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Guest Post: Unjust Wars, Then and Now

One of the frequent libertarian arguments against a fiat money system is the ability it gives governments to start unjust wars. In the article below, George F. Smith, explains how it all, like most of the problems today, comes down to dangerous, un-backed paper money. According to the Federation of American Scientists, nine countries account for […]

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