Browsing: Economy

Economy
A real-time revolution will up-end the practice of macroeconomics
Oct 23rd 2021DOES ANYONE really understand what is going on in the world economy? The pandemic has made plenty of observers look clueless. Few predicted $80 oil, let alone fleets of container ships waiting outside Californian and Chinese ports. As covid-19 let rip in 2020, forecasters overestimated how high unemployment would be by the end of the y...
Economy
LETTER: Biden bankrupting US economy | Letters
Joe Biden has a plan and a mission to destroy America. By bankrupting our economy through inflation, printing money like candy and most importantly turning minorities into welfare slaves. Biden seeks to apply Marxist tactics of dividing people by race, perversion of children at schools and reducing otherwise working people to couch potatoes.The Dem...
Economy
Enter third-wave economics | The Economist
Oct 23rd 2021Salina, KansasAS PART OF his plan for socialism in the early 1970s, Salvador Allende created Project Cybersyn. The Chilean president’s idea was to offer bureaucrats unprecedented insight into the country’s economy. Managers would feed information from factories and fields into a central database. In an operations room bureaucrats could...
Economy
The geopolitics of money is shifting up a gear
Oct 23rd 2021IN THE PAST few years the Western-led infrastructure behind globalisation has fallen into disrepair even as China has been building credible alternatives. The World Trade Organisation is in tatters, the IMF and World Bank are struggling for relevance and tarnished by scandal, and no one can agree on global rules to govern technology.Li...
Economy
Gulf economies to pick up speed next year, with fall in oil prices biggest risk
A man who arrived from Hubei province sits near a checkpoint after being refused entry at the Jiujiang Yangtze River Bridge in Jiujiang, Jiangxi province, China, as the country is hit by an outbreak of a new coronavirus, January 31, 2020. REUTERS/Thomas Peter<a href="reuters://realtime/verb=Open/url=cpurl%3A%2F%2Fapps.cp.%2FApps%2Fecon-polls%3FR...
Economy
The revenge of the old economy
The writer is global head of commodities research at Goldman SachsIt is tempting to blame today’s shortages in the “old economy” — everything from energy to other basic materials, and even agriculture — on a series of temporary disruptions driven largely by the Covid-19 pandemic.But outside of a few labour issues, these bottlenecks have litt...
Economy
U.S. economy grew at ‘modest to moderate’ rate: Fed’s Beige Book
Breadcrumb Trail Links PMN Business Author of the article: Reuters Ann Saphir and Lindsay Dunsmuir Article content The U.S. economy grew at a “modest to moderate” rate in September and early October, as the latest surge of coronavirus cases crested and began to recede, the Federal Reserve said on Wednesday in its latest Beig...
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