Fiscal stimulus and economic growth
For most experts a key factor that policy makers should be watching is the ratio between actual real output and potential real output. The…
Read MoreJanuary, 2021
Why Mainstream Economic Forecasts Are So Often Wrong
By Daniel Lacalle Every end of the year, by the end of the year, we receive numerous estimates of global GDP growth and inflation…
Read MoreThe importance of assumptions in economics
By Dr Frank Shostak Various assumptions employed by economists in their models appear to be of an arbitrary nature. The assumptions seem to be…
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US Stocks in 2020 and the prospects for 2021
2020 has been a torrid year for stock markets globally Fiscal and monetary stimulus rescued investors from a brutal bear-market Digital transformation has accelerated…
Read MoreEconomic and monetary outlook for 2021
The most important event in the new year is likely to be the Fed losing control of its iron grip on markets. The dollar’s…
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An Economist Rebukes The Economist
There are but two ways that man can deal with man: reason and force. Reason includes invention, design, entrepreneurship, finance, borrowing and lending, construction,…
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