Higher prices and lower growth look to be on the horizon. Richard Clarida, a former vice chair of the Federal Reserve who now advises the Pacific Investment Management Company, told Bloomberg that he already sees a “whiff of stagflation” in the economy.
Rather than engaging in futile debates about reparations and colonial grievances, developing countries should focus on forward-thinking policies that drive progress.
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.
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.
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.
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.
