The Cobden Centre
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The Cobden Centre
The Cobden Centre is a British economics think tank founded by Member of Parliament Steve Baker and entrepreneur Toby Baxendale. It was developed by and consists of proponents of the Austrian School of Economics. Contributors include MP Steve Baker, Professor Kevin Dowd, Gordon Kerr of Cobden Partners, MEP Dr Syed Kamall (the former head of the Conservative group in the European Parliament), former Cambridge University lecturer Jamie Whyte, former UKIP MP Douglas Carswell, Ivo Mosley and Keith Weiner. The editor is Max Rangeley. Primary areas of interest * Business cycle theory * Free market economic solutions * Digital currencies such as Bitcoin * Free trade Business cycle theory The Cobden Centre espouses the Austrian Theory of the business cycle, sometimes known as "Hayek-Mises business cycle theory" after its two most famous proponents, Friedrich von Hayek and Ludwig von Mises. The Cobden Centre is named after Richard Cobden, the 19th century classical liberal who ca ...
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Steve Baker (politician)
Steven John Baker (born 6 June 1971) is a British politician serving as Minister of State for Northern Ireland since 2022. He is a former Royal Air Force engineer, consultant and bank worker, who was chair of the European Research Group (ERG) from 2016 to 2017 and 2019 to 2020. A member of the Conservative Party, he has been the Member of Parliament (MP) for Wycombe in Buckinghamshire since 2010. In June 2015 he became co-chair of Conservatives for Britain, a campaigning organisation formed of Eurosceptic MPs. He co-founded The Cobden Centre and sits on its advisory board. He established and chairs the all-party parliamentary group (APPG) on Economics, Money and Banking. He was chair of the ERG, a pro-Brexit group of Conservative MPs, from 20 November 2016 until his promotion to ministerial office at the Department for Exiting the European Union on 13 June 2017, but resigned from his office on 9 July 2018 following the resignation of David Davis over concerns with the gove ...
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Austrian School Of Economics
The Austrian School is a Heterodox economics, heterodox Schools of economic thought, school of economic thought that advocates strict adherence to methodological individualism, the concept that social phenomena result exclusively from the motivations and actions of individuals. Austrian school theorists hold that economic theory should be exclusively derived from basic principles of human action.Ludwig von Mises. Human Action, p. 11, "Purposeful Action and Animal Reaction". Referenced 2011-11-23. The Austrian School originated in late-19th- and early-20th-century Vienna with the work of Carl Menger, Eugen von Böhm-Bawerk, Friedrich von Wieser, and others. It was methodologically opposed to the Historical school of economics, Historical School (based in Germany), in a dispute known as ''Methodenstreit'', or methodology struggle. Current-day economists working in this tradition are located in many different countries, but their work is still referred to as Austrian economics. Amon ...
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Kevin Dowd
Kevin Dowd is a British economist, having research interests in private money and free banking, monetary systems and macroeconomics, financial risk measurement and management, risk disclosure, political economy and policy analysis, and pensions and mortality modelling. As of this date, he is a partner in Cobden Partners based in London, and Professor of Finance and Economics at Durham University Business School. Early life and education Dowd was born in Middlesbrough in 1958, attended St Mary's College, Middlesbrough and went to the University of Sheffield in 1977 to study economics. He holds a BA in economics from the University of Sheffield, an MA in economics from the University of Western Ontario, and a PhD in macroeconomics from the University of Sheffield. Career Dowd is affiliated with the Cato Institute; is a Senior Fellow at The Cobden Centre, an "independent educational charity founded… to undertake research into economic and political science"; is affiliated ...
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Syed Kamall
Syed Salah Kamall, Baron Kamall (born 15 February 1967) is a British politician and academic, who from September to October 2022 served in HM Government as Parliamentary Under-Secretary of State at the Department for Digital, Culture, Media and Sport. He was previously Parliamentary Under-Secretary of State for Innovation at the Department of Health and Social Care (2021–22). Professor of Politics and International Relations at St Mary's University, Twickenham, Lord Kamall is also the Academic & Research Director at the Institute of Economic Affairs, a classical liberal think tank based in London. Kamall represented London as a Member of the European Parliament for the Conservative Party from 2005 to 2019, serving on the International Trade and Economic and Monetary Affairs Committees. From 2013 to 2014, Kamall served as Leader of the Conservatives in the European Parliament, then as Leader of the European Conservatives and Reformists, from June 2014 till 2019. In Decembe ...
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Jamie Whyte
Jamie Whyte is a New Zealand classical-liberal academic and politician who was the Leader of ACT New Zealand in 2014. He unsuccessfully contested the Pakuranga electorate in the 2014 general election. At the election, Whyte held the first position on the party list, but ACT did not achieve enough party votes to secure any list seats.Act"Jamie Whyte", ''Act New Zealand'', 27 October 2005. Retrieved on 18 September 2014. Soon after the 2014 general election, he resigned from the leadership of ACT. Whyte is a former philosophy lecturer, currency trader and management consultant. He has written books and newspaper columns about reasoning and politics. Early life and academia Whyte was born in Auckland, New Zealand. He received his undergraduate degree from the University of Auckland. He then moved to the UK to study for an M.Phil and Ph.D at St John's College, Cambridge. Upon graduation, Whyte remained at Cambridge University for three years as a research fellow at Corpus C ...
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Douglas Carswell
John Douglas Wilson Carswell (born 3 May 1971) is a British former politician who served as a Member of Parliament from 2005 to 2017, co-founded Vote Leave and currently serves as president and CEO of the Mississippi Center for Public Policy. As a member of the Conservative Party, Carswell was first elected as the MP for Harwich in 2005 and then for Clacton in 2010. In August 2014, he changed his political allegiance to the UK Independence Party (UKIP) and announced his resignation as an MP. He stood in the subsequent by-election and was returned under his new affiliation, becoming the first elected MP for UKIP. He stated that he was joining UKIP out of a desire to see "fundamental change in British politics" and because he believed "many of those at the top of the Conservative Party are simply not on our side. They aren't serious about the change that Britain so desperately needs." In 2016, Carswell said that he had "jumped ship with the express goal of changing the image of ...
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Ivo Mosley
Ivo Adam Rex Mosley (born 1951) is a British writer. His career has encompassed ceramics, poetry, social commentary, opera and musical theatre. His focus of the last few years is on works of non-fiction relating to politics and monetary reform. Early life, family and education Born in London in 1951, the son of writer Nicholas Mosley, and grandson of politician Oswald Mosley, Ivo Mosley went to Bryanston School before studying Japanese at New College, Oxford. In 2007 he also completed an MA in musical theatre at Goldsmiths College, London. In 1977 he married the artist Xanthe Oppenheimer. Ceramics Whilst studying, Mosley became fascinated by Japanese pottery and porcelain. On completing his degree in 1972, he purchased a kiln and started making pots. Based in London, this was his career until 1987, and he became known for his bold use of colour and the development of new glazing techniques. Not unlike other Oxbridge educated ceramicists such as Edmund de Waal, Mosley comb ...
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Keith Weiner
Keith may refer to: People and fictional characters * Keith (given name), includes a list of people and fictional characters * Keith (surname) * Keith (singer), American singer James Keefer (born 1949) * Baron Keith, a line of Scottish barons in the late 18th century * Clan Keith, a Scottish clan associated with lands in northeastern and northwestern Scotland Places Australia * Keith, South Australia, a town and locality Scotland * Keith, Moray, a town ** Keith railway station * Keith Marischal, East Lothian United States * Keith, Georgia, an unincorporated community * Keith, Ohio, an unincorporated community * Keith, West Virginia, an unincorporated community * Keith, Wisconsin, a ghost town * Keith County, Nebraska Other uses * Keith F.C., a football team based in Keith, Scotland * , a ship of the British Royal Navy * Hurricane Keith, a 2000 hurricane that caused extensive damage in Central America * ''Keith'' (film), a 2008 independent film directed by Todd Kessler * ''K ...
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Business Cycle
Business cycles are intervals of Economic expansion, expansion followed by recession in economic activity. These changes have implications for the welfare of the broad population as well as for private institutions. Typically business cycles are measured by examining trends in a broad economic indicator such as Real Gross Domestic Production. Business cycle fluctuations are usually characterized by general upswings and downturns in a span of macroeconomic variables. The individual episodes of expansion/recession occur with changing duration and intensity over time. Typically their periodicity has a wide range from around 2 to 10 years (the technical phrase "stochastic cycle" is often used in statistics to describe this kind of process.) As in [Harvey, Trimbur, and van Dijk, 2007, ''Journal of Econometrics''], such flexible knowledge about the frequency of business cycles can actually be included in their mathematical study, using a Bayesian statistical paradigm. There are numer ...
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Friedrich Von Hayek
Friedrich August von Hayek ( , ; 8 May 189923 March 1992), often referred to by his initials F. A. Hayek, was an Austrian–British economist, legal theorist and philosopher who is best known for his defense of classical liberalism. Hayek shared the 1974 Nobel Memorial Prize in Economic Sciences with Gunnar Myrdal for their work on money and economic fluctuations, and the interdependence of economic, social and institutional phenomena. His account of how changing prices communicate information that helps individuals coordinate their plans is widely regarded as an important achievement in economics, leading to his prize. Hayek served in World War I during his teenage years and said that this experience in the war and his desire to help avoid the mistakes that had led to the war drew him into economics. At the University of Vienna, he studied economics, eventually receiving his doctoral degrees in law in 1921 and in political science in 1923. He subsequently lived and worke ...
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Ludwig Von Mises
Ludwig Heinrich Edler von Mises (; 29 September 1881 – 10 October 1973) was an Austrian School economist, historian, logician, and Sociology, sociologist. Mises wrote and lectured extensively on the societal contributions of classical liberalism. He is best known for his work on praxeology studies Bureaucracy (book), comparing communism and capitalism. He is considered one of the most influential economic and political thinkers of the 20th century. Mises emigrated from Austria to the United States in 1940. Since the mid-20th century, libertarian movements have been strongly influenced by Mises's writings. Mises' student Friedrich Hayek viewed Mises as one of the major figures in the revival of classical liberalism in the post-war era. Hayek's work "The Transmission of the Ideals of Freedom" (1951) pays high tribute to the influence of Mises in the 20th century libertarian movement. Mises's Private Seminar was a leading group of economists. Many of its alumni, including Friedri ...
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Richard Cobden
Richard Cobden (3 June 1804 – 2 April 1865) was an English Radical and Liberal politician, manufacturer, and a campaigner for free trade and peace. He was associated with the Anti-Corn Law League and the Cobden–Chevalier Treaty. As a young man, Cobden was a successful commercial traveller who became co-owner of a highly profitable calico printing factory in Sabden but lived in Manchester, a city with which he would become strongly identified. However, he soon found himself more engaged in politics, and his travels convinced him of the virtues of free trade (anti-protection) as the key to better international relations. In 1838, he and John Bright founded the Anti-Corn Law League, aimed at abolishing the unpopular Corn Laws, which protected landowners' interests by levying taxes on imported wheat, thus raising the price of bread. As a Member of Parliament from 1841, he fought against opposition from the Peel ministry, and abolition was achieved in 1846. Another free trade ...
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