Economics: The “Other Side” of Politics
Economics must not be relegated to classrooms. It is the philosophy of human life and action and concerns everybody and everything.
Tag: economics
Jeet Sidhu : Deflation is the only acceptable monetary policy for a free society
Inflation is a powerful tool to shield the government and their closest allies in the business world from competition in the rest of society. It puts a brake on social mobility so the rich stay rich and and the poor stay poor.
Economic Growth Does Not Cause Price Inflation
The positive statistical association between economic growth and price inflation is not because of an expansion in real wealth but comes in response to the expansion in money supply.
Why Milton Friedman Was Wrong on the Business Cycle
The boom-bust cycle phenomenon is somehow linked to the modern world. But what is the link?
[Audio + Text] Ten Economic Blunders from History
Take cover when you hear a political leader talking about economic affairs. You can bet a bad decision is incoming.
The Truth About China : Debt, Malinvestment and Stagnation
China’s last two decades of roller-coaster growth, surging domestic debt and malinvestment provide a good example that continuous tampering with the market is inefficient and has a snow-ball effect.