Alasdair Macleod

Economy

Debts, Bastiat and modern economics

26/05/2017(0)
Debts, Bastiat and modern economics There is a well-worn conundrum told about a stranger, who walks into the hotel in a remote, sleepy village in Mexico, and reserves a ... Read More
brexit

Update on Brexit

14/05/2017(0)
This article looks at the background to Brexit negotiations and concludes that Britain is negotiating from a position of strength, while the EU is increasingly in a position of ... Read More
money article

Business cycles are credit cycles

07/05/2017(0)
This article gets to the heart of why central banks’ monetary policy will never succeed. The fundamental error is to regard economic cycles as originating in the private sector, ... Read More
Chinese national flag flutters at the headquarters of a commercial bank on a financial street near the headquarters of the People's Bank of China, China's central bank, in central Beijing

End of empire

30/04/2017(0)
“Already, China dominates world trade. Her own economy is already significantly larger than that of the US on the PPP estimates. While being the largest consumer of raw materials, ... Read More
dollar

America’s financial war strategy

23/04/2017(0)
America’s renewed desire to escalate military tensions is a front for America’s continual financial war, this time directed at North Korea, Syria and possibly Iran. This is likely to ... Read More
Police And Security Forces Patrol The City After Zaventem Airport And Brussels Metro Station Targeted By Deadly Bomb Blasts

The decline and fall of the EU

11/04/2017(0)
This article identifies the headwinds faced by the EU in the wake of Brexit. Without the UK, not only does the EU lose much of its importance on the ... Read More
U.S. dollar notes are seen in this picture illustration

Can state spending ever be cut?

22/03/2017(0)
President Trump was elected on several promises, including one that he would fund tax cuts by cutting public spending. Cynics might note that his first action was to increase ... Read More
gold money

The fateful date

12/03/2017(0)
Caesar: What sayest thou to me now? Speak once again. Soothsayer: Beware the ides of March. Caesar: He is a dreamer; let us leave him: pass. This famous advice, ... Read More
gold

Central banks and gold

05/03/2017(0)
The very near future is likely to see a sea-change in central bankers’ attitude to the gold allocation in their reserves. The failure of G20 monetary policy since the ... Read More
world-euro-notes

Global (economic) warming

26/02/2017(1)
If the economy was on its uppers, Trumpenomics could be reasonably compared with Reaganomics. But that is not the case. The economy is operating close to capacity, ….any further ... Read More
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