Why more money can’t generate economic growth?
byBy Dr Frank Shostak The view that more money can revive an economy is based on the belief that money transmits its stimulatory effect…
Keith Weiner’s Macroeconomic Equation
byMacroeconomists, it is said, have physics envy. Physicists measure how gasses behave as temperature, pressure, and mass of gas molecules are changed, and write…
Economic freedom: The key to unlocking economic growth and prosperity
byGlobal economic freedom is declining, impacting countries’ abilities to grow their economies. Examining the link between economic freedom and prosperity. Global economic freedom is…
The Five Stages of Bank Failure Grief
byThe talking heads on financial TV ask everyday where we are in the banking crisis. Is it over yet? After scooping up First Republic,…
Upcoming Speech in the European Parliament
byOn June 7th I’m giving a speech in the European Parliament for the first time since just before the “lockdowns” of early 2020. It…
The dynamics driving the dollar down
byThis article examines the currency imbalances between US dollars and the other currencies and concludes that should foreign holders decide to reduce their dollar…
The Slowest Moving Financial Crisis: The Retirement Crisis
byThe retirement crisis is a slow-moving financial crisis affecting the developed world. With no proper solution in sight, it’s time to take responsibility and…
The Smoke and Mirrors of the Debt Ceiling Crisis
byThe Washington political establishment, the social-media pundits, and the editorial pages of many newspapers have all been warning of a fiscal Armageddon if the…
Is the US banking crisis over?
byBy Dr Frank Shostak According to some commentators, the US banking crises is over. In addition, the Fed Chairman has vouched for the health…
Assumptions in economics and the real world
byBy Dr Frank Shostak In order to explain the economic crisis in Japan, the famous mainstream economist Paul Krugman employed a model that assumes…