Everything is awesome
by“What explains the complacency? One reason might be the absence of good ideas.” Martin Wolf in the Financial Times (‘Why so little has…
Economics
Why the Fed Denied the Narrow Bank
byIt’s not every day that a clear example showing the horrors of central planning comes along—the doublethink, the distortions, and the perverse incentives. It’s…
Japan’s Not Really A Domino, Though The Timing Is Right
byBy Jeffrey P. Snider This year is just different. Increasingly so. Not just in one or two places, either, but in way too many places….
Interest Rates Need to Tell the Truth
byIn the middle of July 2018, President Donald Trump said in an interview that he was “not happy” with the Federal Reserve nudging up…
On the wealth, and poverty, of nations
by“There’s a great deal of ruin in a nation.” Adam Smith, in correspondence discussing the Battle of Saratoga, which marked a turning point…
Divergent – the breakdown of stock market correlations, temp or perm?
byEmerging market stocks have stabilised, helped by the strength of US equities Rising emerging market bond yields are beginning to attract investor attention…
The Economist’s Original Prospectus From Its Founding
byEditor’s Note: I found this on their website, an interesting piece to read in 2018… …………………………………………………….. And now we beg to submit the…
Fiscal stimulus and economic growth – are they related?
byFor most experts a key factor that policy makers should be watching is the gap between the actual real output and the potential real…
Economic Armaments and China’s Global Ambitions
byThe world continues to move in potentially dangerous directions. A leading component of this threat is the use of economic armaments by governments to…
Myth That Health Outcomes and Costs Are Better In Socialized Healthcare Systems Part 2: Are You Sure Single Payer Saves Money and Lives?
byBy Jai Khemani Jai recently got 2 A*s and an A in his A levels and is now looking forward to university. Jai is particularly…