Being vital deportment behavioral protocols in the face of British flapdoodle Continue reading »
Economy
Since the dawn of neoliberal policy time, at the start of the 1980s, the idea that the population must suffer short-term pain for the sake of longer-term gain has been frequently stated by government and senior public servants. It has been put again and again and still yet again, in recent times, by Reserve Bank Continue reading »
A fixation with economic growth has led humanity to the brink of catastrophe, argues Tom Scott
What the West wants from China is not often what China wants for China. They live in a special fairyland where they believe they know what is best for China. Continue reading »
Behind the noise and spats in No 10, the Government is pushing ahead with laws that could define its time in office
The Labor Party is a long way from done but at the moment it is mired in mediocrity. We need a Labor Party agenda in which the big issues are confronted, writes Bill Kelty. It is a sad day for me in some ways. I remember coming back from Canberra and I told Lindsay Fox Continue reading »
Much more than a cyclical adjustment, Beijing’s latest policy shift marks a milestone in the history of its economic management. Beijing’s larger-than-expected market rescue plan announced last week is extraordinary in every way. The policies, from interest rate cuts to special funding schemes for the stock market, are significant. But investors are particularly excited about Continue reading »
Project Syndicate 18th of September, 2024 “Shortly after taking office, the United Kingdom’s new Labour government announced the discovery of a massive shortfall in public finances. While much of the political debate has centered on the size of this fiscal hole, the real culprit is the set of arbitrary rules that British governments have imposed on themselves … Continue reading Britain’s Illusory Fiscal Black Hole
The Spectator, 13 January 2024 Monetarism, with which his name is associated, has long defined economic policy. But what would Friedman have made of the banking collapse, so soon after his death in 2006? The Keynesian economist Nicholas Kaldor called Milton Friedman one of the two most evil men of the 20th century. (Friedman was … Continue reading Milton Friedman – economic visionary or scourge of the world?
Ren Zeping’s almost frantic call one week ahead of Beijing’s dramatic loosening of monetary policy. Before the People’s Bank of China’s unusually bold, if not unprecedented, big bang last week to boost investor sentiments, the frustration with Beijing’s apparent lack of urgency in aiding the world’s second-largest economy grew increasingly apparent. One of the signs Continue reading »