Dr Frank Shostak

Whenever the so-called economy shows signs of weakness most experts are of the view that what is required to prevent the economy sliding into…

  In a market economy, a major service that money provides is that of the medium of exchange. Producers exchange their goods for money…

  In his speech to the Economic Club of New York on November 28 2018, the Federal Reserve Board Chairman Jerome Powell said that…

  Some commentators are of the view that when the velocity of money rises, all other thing being equal, the buying power of money…

According to many mainstream economists, a lack of good correlation between the monetary growth and the growth rate of various price indexes casts doubt…

  With meagre resources at his disposal, an individual is likely to allocate these resources i.e. his wealth towards essentials such as food, clothing…

  For most economists there is the need to keep the so-called economy along the path of a stable economic growth and a stable…

The annual rate for US non-military capital goods orders excluding aircraft fell to 1.9% in September from 7.8% in August to stand at $69.6 billion. Observe that…

  According to this year Nobel Prize winner in economics, Paul Romer, the technical knowledge that spills over into the creation of new products…