The Cobden Centre has been established to promote social progress through honest money, free trade and peace. We are named after Richard Cobden, the MP credited with establishing free trade in the general interest and who said:
I hold all idea of regulating the currency to be an absurdity; the very terms of regulating the currency and managing the currency I look upon to be an absurdity; the currency should regulate itself; it must be regulated by the trade and commerce of the world; I would neither allow the Bank of England nor any private banks to have what is called the management of the currency...

Recent articles

A Gold Man in Monetarist Territory

22 December 14 by Keith Weiner

On November 3, the Manhattan Institute hosted the fall meeting of the Shadow Open Market Committee (SOMC). This is a 40-year old group, with many illustrious economists among its membership, starting with its founder, Allan Meltzer.

The SOMC is not shy about criticizing the Federal Reserve, though they remain committed Monetarists. These students of the Chicago […]

The False Promises Of Two Percent Price Inflation

19 December 14 by Dr Richard M. Ebeling

A specter is haunting the world, the specter of two percent inflationism. Whether pronounced by the U.S. Federal Reserve or the European Central Bank, or from the Bank of Japan, many monetary central planners have declared their determination to impose a certain minimum of rising prices on their societies and economies.

One of the oldest of […]

“We hate you guys but there is nothing much we can do”

18 December 14 by Tim Price

“Except for US Treasuries, what can you hold ? US Treasuries are the safe haven. For everyone, including China, it is the only option.. Once you [Americans] start issuing $1 trillion – $2 trillion.. we know the dollar is going to depreciate, so we hate you guys but there is nothing much we can do.”

–       […]

Budget deficit and economic growth

16 December 14 by Dr Frank Shostak

Some economists such as Nobel Laureate Paul Krugman hold that during an economic slump it is the duty of the government to run large budget deficits in order to keep the economy going.  On this score given that during 2011 to 2014 the rate of growth of real gross domestic product (GDP) hovered at around […]

The Case For Monetary Freedom And Free Banking

15 December 14 by Dr Richard M. Ebeling

There has been no greater threat to life, liberty, and property throughout the ages than government. Even the most violent and brutal private individuals have been able to inflict only a mere fraction of the harm and destruction that have been caused by the use of power by political authorities.

The pursuit of legal plunder, to […]