In Europe so far; Germany has been repatriating gold since 2012 from the US and France, The Netherlands has repatriated 122.5 tonnes a few weeks ago from the US, soon after Marine Le Pen, leader of the Front National party of France, penned an open letter to Christian Noyer, governor of the Bank of France, requesting that the country’s gold holdings be repatriated back to France, and now Belgium is making a move.
Mises Daily Monday: James Grant Explains "The Forgotten Depression".
Matthew Feeney writes on the Cato Institute blog about taxi deregulation. As expected, Feeney comes out in favor of deregulation, but also—which should perhaps be equally expected—manages to completely undermine the case for the market.
Despite little liberalization, global trade grew rapidly over the last decades only to collapse in 2009. Was this growth healthy, though?
The Economic Crash that Cured Itself: A Conversation with James Grant about the Depression of 1921.
Mises Daily Weekend by David Gordon: Thinkers Who Challenged the State
This essay is adapted from David Gordon’s talk at the Costa Mesa Mises Circle. Click here to register for January’s Houston Mises Circle.
Mises Daily Friday: Government Save Us From "Overpriced" Chinese Food
If cryptocurrencies like bitcoin are being used as money, and if Carl Menger correctly tells us that money must have some kind of antecedent value, then as economists it becomes our job to discover what exactly is that antecedent value.
Today's USA Today includes a Q and A about falling oil prices which hints at how the feds and the media will frame the discussion over the economy in coming months.
