Monday, December 1, 2008

onmouseover="return window.status='http://www.kitco.com/ind/Field/nov132008.html'" onmouseout="window.status=''" href="http://www.kitco.com/ind/Field/nov132008.html">Crisis Cogitations

Crisis Cogitations
Everyone must be wondering where this unprecedented global financial crisis, (the World Banks words), is heading. What follows, for what they are worth, are my cogitations on this crisis.

Top Scoops
Here in America we are descended in spirit from revolutionists and rebels - men and women who dare to dissent from accepted doctrine - GOP President Dwight Eisenhower, 1954

The boom is over: now we clean up the mess
Like a drug-fuelled party, a boom may seem like fun at the time, but it is not until the smoke clears, that you can see the mess, writes Adam Schwab .

The Economics of Destutt de Tracy
Antoine Louis Claude Destutt de Tracy (17541836), a French philosopher and economist, is worthy of attention as a contributor to French liberal thought in the tradition of Condillac.

Book World Live: Niall Ferguson, Author of 'The Ascent of Money'
In today's rocky financial climate, it is vital to understand how the global economy came to be. Harvard Business School professor Niall Ferguson was online Tuesday, November 25 at 10 a.m. ET to discuss his new book, The Ascent of Money: A Financial History of the World, which explains the role of economics throughout all of human history and progress.

Central Banking and Credit Quality
There are many very serious economic negatives of a central bank that supporters of central banks ignore. Instead, they argue that the central bank is a good institution because it helps to remedy recessions. That argument is highly misleading.

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