Mercantilism Smells Like Stagflation
After two days of panic selling of stocks, recession and stagflation have become part of the conversation.
After two days of panic selling of stocks, recession and stagflation have become part of the conversation.
Discussions on economic development in developing countries often overlook a critical factor: technology transfer.
The economic sage saw that the attempts of central bankers to control the markets is based on a “pretense of knowledge.”
It’s going to take a lot more than some trimming around the edges to change the federal government’s current trajectory into continued $2-trillion-plus annual deficits.
When wars can be started by presidents with no authority granted by Congress, the results can be the kinds of endless military engagements with ever-shifting, unachievable objectives such as we’ve seen in Afghanistan and Iraq.
Students and general readers will find in this 201-page book a systematic—yet concise and focused—presentation of the main topics in economic analysis from the perspective of the Austrian School.
Jamaica has emerged as a prime destination for investment under the leadership of Prime Minister Andrew Holness. The country has fostered a business-friendly environment.
Was Russia provoked into the war in Ukraine? Certainly. However, gaslighting was involved as well.
It was the absence of income taxation and a hardly noticeable regulatory regime that were the most important policy issues related to post-Civil War growth, along with the existence of the gold standard (in various forms).
It is not just the future generation who bears the burden of increased government debt, but the current generation who pay the interest to the banks and corporations through higher taxes and higher price inflation.