
Why US price inflation remains relatively subdued?
The yearly growth rate of the US consumer price index stood at 1.9% in August against 1.7% in July, while the growth rate of…
Read MoreThe yearly growth rate of the US consumer price index stood at 1.9% in August against 1.7% in July, while the growth rate of…
Read More“Black cab drivers to revel in victory over Uber for centuries to come” Headline from The Daily Mash. Baroness Ros Altmann could fairly…
Read MoreGiven the ongoing outrage about pay for NHS staff (especially for junior doctors, nurses etc.), one way in which to tackle this could be…
Read MoreThe global economy is now in an expansionary phase, with bank credit being increasingly available for non-financial borrowers. This is always the prelude to…
Read MoreFor more than a century the world has been caught in the grip of social engineers and political paternalists determined to either radically remake…
Read MoreAccording to mainstream thinking, the central bank is the key factor in determining interest rates. By setting short-term interest rates, the central bank, it…
Read MoreLiberalism has become one of the most widely misused and abused words in the American political lexicon. It represents, some say, politically “progressive thought,”…
Read MoreThe IMF revised Chinese growth forecasts higher in July – were they premature? Retail sales, industrial output and fixed investment have slowed The Real…
Read MoreIn 2013, I showed that the ECB’s monetary transmission mechanism had broken down in the crisis-hit periphery countries. ECB rate cuts were not being passed on…
Read MoreAs world stock markets continued to climb to cyclical – if not all – time highs, it became almost the norm for industry talking…
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