Once again Douglas Carswell MP is able to simply explain why there is little chance of the current UK government fixing the crisis if they continue to pursue the fiat monetary system. Mr Carswell begins his argument by questioning how we can ridicule Krugman’s proposals of fiscal stimulus when our own government supports monetary stimulus. […]
Guest Post: The Economics Spring
The Renegade Economist is an excellent website with a similar philosophy to Bogpaper. As we would like to do the often publish contributed commentaries. If you would be interested in contributing please get in touch (bogpaper@gmail.com). Today’s recommended read carries on the theme of yesterday’s short film: economists need to swallow their pride and realise […]
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.
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 […]
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 […]
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 […]
Guest Post: How to Understand the Monetary System
In our article for today we look at a brief explanation of how the monetary system works. If you would like to understand more check out our Favourite Sites section or get in touch (bogpaper@gmail.com). Read the original article here. The reason the global monetary system survives is largely thanks to the public’s blissful ignorance […]
And now for something completely different
In terms of Libertarians Senator Ron Paul is up there with the best of them. Currently running for the Republican nomination for President, Dr Paul has long been an advocate of libertarian governments and a return to sound money. Reading his book, End the Fed, this week, we felt the following excerpt was an interesting […]
BBC article: Could gold have a role in calming financial markets?
In the precious metals world there is always plenty of chat as to what gold can do for the financial markets. The debate of whether or not we should return to some form of a gold standard is an interesting one, and most likely not one that will be resolved until it’s almost too late. […]
The Free State Project: Political Migration in Our Time
Bogpaper stands for liberty. In the article below Jeffrey Tucker from Whiskey and Gunpowder, visits a project in New Hampshire who aim to live a life in which the ‘maxiumum role of civil government id the protection of life, liberty and property’. If anyone knows of any similar movements elsewhere in the world, get in […]