Dr Frank Shostak – Page 11 – The Cobden Centre

Economics12 April 21<12 April 21

Biden’s economic stimulus plan an obstacle to US economic fundamentals

By Dr Frank Shostak On March 11, 2021, the US President Biden introduced his $1.9 trillion COVID-19 stimulus plan. The President also announced a…

Economics9 April 21<9 April 21

By Dr Frank Shostak In an interview with National Public Radio’s “Morning Edition” program on Thursday March 25 2021, Fed Chair Jerome Powell said…

Economics7 April 21<6 April 21

By Dr Frank Shostak Between January 1970 and December 2020 on average changes in money supply preceded by 14 months changes in real economic…

Economics26 March 21<22 March 21

By Dr Frank Shostak After climbing to 12.2% in April last year the yearly growth rate of combined commercial bank real estate, consumer and…

Economics15 March 21<15 March 21

By Dr Frank Shostak For most commentators economic stability refers to an absence of excessive fluctuations in key economic data such as real gross…

Economics12 March 21<8 March 21

By Dr Frank Shostak According to John Maynard Keynes, The ideas of economists and political philosophers, both when they are right and when they are…

Economics24 February 21<23 February 21

By Dr Frank Shostak By some theories such as the Modern Monetary Theory (MMT), money originated on account of the government decree. Money according…

Economics19 February 21<15 February 21

By Dr Frank Shostak At the end of January, the yearly growth rate of our measure of US money supply (AMS) closed at 76.7%…

Economics10 February 21<8 February 21

According to some commentators such as Nobel Laureate in Economics Paul Romer, technical knowledge is key to economic growth. We hold that if this…

Economics1 February 21<1 February 21

On January 21 2021, the US President Joe Biden, through an executive order announced an increase in workers minimum wage from $7.25 per hour…