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Kristian Niemietz
14 October 2008
16 comments

In an interview with Spiegel Online, 2006 Nobel laureate Muhammad Yunus states that the current financial crisis is proof that capitalism has gone wild: “Adam Smith’s invisible hand,...
Terry Arthur
10 October 2008
2 comments

On 9th October, Anatole Kaletsky, Associate Editor of The Times, wrote “Banking crises have never been resolved purely by market forces. Once a financial panic starts, government intervention...
Philip Vander Elst
6 October 2008
2 comments

When I originally set out to write my newly published IEA paper, Power Against People: A Christian Critique of the State, I was conscious of the fact that despite the success of Margaret...
Philip Booth
2 October 2008
comments

Christians have a duty to be properly informed when they speak out. Catholics specifically call the sin of blundering into the unknown “imprudence”. Surely the...
Peter J. Boettke
27 September 2008
4 comments

The market economy is a profit and loss system. Imprudent decisions do require correction – if not by the individuals themselves, then by others who enter into the market in the hope of...
Philip Booth
26 September 2008
8 comments

Until last week, it seemed that one only needed a couple of PhDs in monetary economics and finance to make head or tail of what was going on in financial markets. It now seems that a PhD in...