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Hope springs eternal in European policymaking circles about the ability of the Eurozone’s highly indebted economies to grow their way out of their debt...
On CNN earlier this week, Democrat Rep. Ro Khanna said: “If you look at the minimum wage, it increased with worker productivity until 1968 and...
Yesterday, upon hearing Federal Reserve Chairman Jerome Powell’s Congressional testimony, Milton Friedman must have been rolling in his grave. Despite the clearest of indications...
The pandemic has caused or accelerated the demise of numerous U.S. companies, and your local department stores are among the hardest hit. Government lockdowns and consumer...
Among the more disturbing economic consequences of the Covid-19 pandemic has been the dramatic deterioration in Europe’s public finances. While markets are currently unfazed...
Judging by the market’s enthusiastic reaction to Mario Draghi’s recent appointment as Italian prime minister, one could be forgiven for thinking that Italy, the...
“The art of economics consists in looking not merely at the immediate but at the longer effects of any act or policy; it consists...
George Bernard Shaw famously observed that he knew three types of economists. Those who were brilliantly right. Those who were brilliantly wrong. And those...
Proponents of the idea that “budget deficits do not matter”, might want to keep a close eye on Brazil’s rapidly deteriorating economic situation. Maybe...
Something strange is going on in the markets and in economic policymaking circles. Despite the world having just suffered from its worst economic recession...