Our Knowledge Centre hosts bitesize articles that provide a practical understanding of economic theory and the drivers of financial markets. We challenge conventional wisdom and draw on a wealth of economic history to answer questions such as ‘what drives recessions and recoveries?’, ‘what causes inflation?’, and ‘what determines swings in currency markets?’.
While the modern, technologically-advanced, service economy bears little resemblance on the surface to the agricultural and manufacturing economies of the past, the drivers of economic growth and exchange rates are no different. There is no new economics, only new economists.
The increasingly complex and developed modern economy has made it all too tempting for mainstream economists to favour lose sight of the guiding principles espoused by the giants of economic thought such as Adam Smith, Eugen Böhm von Bawerk, Friedrick Hayek, Ludwig Von Mises, and Milton Friedman. Our Knowledge Centre brings together decades of economic understanding in one easy-to-read portal.