The Cobden Centre has been established to promote social progress through honest money, free trade and peace. We endorse Richard Cobden's view that:
10 March 10 by Toby Baxendale
Some of my City friends who work in banking have had a look at the 20009 Barclays balance sheet and made comment on how the profits are made up.
They report to me that the one off profit from the disposal of BGI to Blackrock was £6.3bn. Add that to the trading profit of £7bn and you [...]
9 March 10 by Steven Baker
This post is excerpted from Mises’ “The Causes of the Economic Crisis and Other Essays Before and After the Great Depression” which is available to buy here and download here. Both Andreas Acavalos and Toby Baxendale supported the production of this book.
Emphasis mine.
On covering government deficits by creating new money (pp 2-3):
If the practice persists [...]
8 March 10 by Toby Baxendale
The current debate about bankers’ bonuses is often seen as one of fairness pitted against the greed of those nasty capitalists,.
To me, bankers are lawfully working within the system – one that is rotten to the core. The banking system is the greatest of all examples of State corporate capitalism. We have a central bank [...]
4 March 10 by Gordon Kerr
Gordon Kerr’s second address this year at the European Parliament was at a meeting of the European Enterprise Institute. The meeting was chaired by Diego Feio MEP and the meeting organised by Christopher Pichonnier. The platform was shared with Tryggvi Thor Herbertsson (MP, Iceland) and Rok Spruk, a Lithuania based economist.
1. Introduction
Mr Feio, Mr [...]
3 March 10 by James Tyler
Some people doodle pictures, but I’m the type who mucks around random bits of historical price data just to see where it goes. For example, I love charts of the Dow Jones Stock index in the 1920s – it me it tells a vivid story of hopes and dreams and pain mixed with desperation. The [...]
