If GDP Lags, Watch the Economy GO
byThe Bureau of Economic Analysis will release its preliminary first-quarter growth figure on Friday. According to the Atlanta Fed consensus tracker, economists are predicting…
Economics
Where the US dollar is heading against the Euro?
byAfter closing at 1.051 at the end of December 2016, the price of the Euro in US dollar terms settled at 1.2321 at the…
Economics 101: Who Sets Prices?
bySince the advent of nineteenth century socialism, politicians and economists in the centre ground have argued for a balanced approach, where vital services are…
Why Keynesian multiplier is an illusion
byFor most economists and financial commentators the heart of economic growth is the increase in the demand for goods and services. It is held…
I.T. bites
by“Mark Zuckerberg is now living out every young person’s worst nightmare: trying to explain how tech stuff works to the nation’s elderly.” Tweet by…
The Deflation/Inflation Debate
by“Naïve inflationism demands an increase in the quantity of money without suspecting that this will diminish the purchasing power of the money.” ― Ludwig von…
Zero Hedge — Citi: “There Is A Massive Problem” With The Bond Market
byIs the global economic recovery over? That is the question investors are grappling with just as Q1 earnings season – the best since 2011 with its…
Krugman dismisses that an increase in money supply causes inflation
byIn the New York Times article on March 27, 2018 – Immaculate inflation strikes again – Paul Krugman argues that those economists who are…
How to Use Methodological Individualism
byI first met Professor Salin in late 1997, in his office at the University of Paris-Dauphine. When I mentioned that I had been drawn…
What to expect from Central Bankers
byThe Federal Reserve continues to tighten and other Central Banks will follow The BIS expects stocks to lose their lustre and bond yields to…