The Turkish Way
Turkey's economy is reeling under inflation rates likely reaching 170 percent. Not surprisingly, the worst of it is felt by regular people just trying to make a living.
Turkey's economy is reeling under inflation rates likely reaching 170 percent. Not surprisingly, the worst of it is felt by regular people just trying to make a living.
Turkey's economy is reeling under inflation rates likely reaching 170 percent. Not surprisingly, the worst of it is felt by regular people just trying to make a living.
The modern progressive narratives claim that the wealth of the West and especially of the USA was built upon the backs of slaves. In fact, slavery retarded economic growth.
Entrepreneurship is the key to real development, but cultural attitudes are often a significant barrier to entrepreneurship in the developing world.
The New York Times recently interviewed economist Herman Daly, who insists that economic growth is ecologically destructive. There is much more to the story.
The standard line among the Great Reset crowd is that capitalism exploits poor nations and causes poverty. In reality, capitalism and free markets have reduced poverty around the world.
Many of the best-known civil rights leaders eschewed entrepreneurship, emphasizing that blacks seek employment in the professions and government jobs.
African economies aren't being strangled by capitalism but by statism, which has imposed inflation, debt, and high taxes.
Forget the notion that the Fed "fights inflation." In fact, the Fed exists to promote inflation.
Why did Barbados postslavery develop a more robust economy than Jamaica even though the people had similar ethnic backgrounds?