Mises Wire
Author:
Douglas French
Online Publish Date:
Erdoğan. It’s questionable whether Erdoğan received any schooling in business or economics. In high school, he “was distinguished by his oratorical skills, developing of the pandemic, ‘breaking into the rarefied three-digit threshold’ with nominal growth at 110 percent in the year to March, the highest of any country, according to Global House Price Index for the first quarter. Istanbul saw even greater nominal growth at 122 percent.” But, quickly followed with “Soaring inflation makes the