Argument rests on premise that rising oil & gas output will necessarily crowd out manufacturing
On economic policy, Carter is sometimes blamed for excessive regulation, government spending, and runaway inflation. His successor, Ronald Reagan, is…
History states that Democratic presidents record better growth rates during their terms
In the years that followed, the US spearheaded the Marshall Plan and the establishment of NATO, the Bretton Woods institutions,…
After three decades of 10% annual growth, the Chinese economy was bound to decelerate.
In 2021, some monetary economists believed that the “neutral” real interest rate had fallen below zero.
Even though the chances of a recession are higher owing to the Fed’s rapid interest-rate hikes, the likelihood of one…
Mythical fiscal conservatives Premium Story
Entitlement spending amounts to roughly half of all government spending in the US and is steadily increasing.
Commodity bonds can help debt-distressed nations, with all stakeholders—the borrowers, the intermediaries, the futures market, and the ultimate buyers of…
A last minute compromise with the Republicans, to pull the government back from the brink of default, seems difficult this…
Is a global recession really near? Premium Story
Even if we adopt less strict measures of defining a global recession, It is hardly a foregone conclusion there will…
Under French President Nicolas Sarkozy?s leadership, the G20 has made addressing food-price volatility a top priority this year, with member…
