Joakim Book
His work has been featured in the Financial Times, FT Alphaville, Neue Zürcher Zeitung, Svenska Dagbladet, Zero Hedge, The Property Chronicle and many other outlets. He is a regular contributor and co-founder of the Swedish liberty site Cospaia.se, and a frequent writer at CapX, NotesOnLiberty, and HumanProgress.org.
Articles
The Mythology of Cantillon Effects
To Cantillon all new money had the same redistributive and uneven effects, regardless of whether it was first spent in the real economy or entered the credit markets, reducing interest rates.
The Myth of Imminent Collapse
Worries about civilizational collapses by the Thunbergs and Extinction Rebellions of the world are exaggerated. We are nowhere near the brink of disaster.
In Defense of Share Buybacks
“The confused objections to share buybacks illustrate the failure to look past the immediate effect and to understand what financial markets do.” ~ Joakim Book
The Return of the Century Bond
Following the last few years of record-low yields, first on government debt and more recently on private sector debt, we have seen an unexpected twist: the renewal of this long-dead market.
If You Are Early, You Are Wrong
Before a financial meltdown, there is no way to tell with certainty that such a financial meltdown is imminent, even though a lot of pundits and cranks try.
Why Shouldn’t Brazil Burn Its Rainforest?
Instead of reproaching politicians, sensationalizing the news, or projecting imminent environmental disaster, let’s consider the more intriguing idea: maybe Brazil should clear more of its rainforest rather than less.
Bitcoin’s Fixed Money Supply Is a Weakness
Contrary to what maximalists believe, Bitcoin’s fixed supply is its major drawback to becoming the world’s preferred money, especially so if it is not accompanied by fractional-reserve Bitcoin banks.
Rothbard’s First Impressions on Free Banking in Scotland Were Correct
Nothing in Rothbard’s later view manages to cast doubt on his earlier view and White’s thesis, much less refute them.
The Life and Times of Bagehot, the Greatest Victorian
Bagehot would certainly not qualify as very libertarian — even though his contemporary raging in favor of free trade, unregulated banking, and minimum government might suggest so.
Egregious Errors in The New Yorker’s Account of Financial History
For a child of a banker, John Lanchester manages to get a lot of banking backwards.
