Finance

Should we call this reverse monetarism? The “answer” on the July 1 episode of Jeopardy was as follows: In the 1940s, the country’s Magyar Nemzeti […]

The Great Pyramid of Giza was built around 2600 BC and was the tallest building in the world for almost 4000 years. It contains approximately […]

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There is no doubt that in the last 14 years there has been a sad progress in living standards. Household disposable income per capita has […]

As a holiday reflection, consider that many of the things that fill people with understandable fear about our nation’s future – nationalism, extremism, extremism, tensions […]

Yves here. This article discusses the high probability of the so-called resource curse re-emerging in the same way as the exploitation of new precious minerals […]

The Bloomberg consensus is 4%. This means that it is close to the Sahm’s Law trigger (in real time): Figure 1: Real-time Sahm rule (blue), […]

Guyana enters the IMF’s top ten countries by 2024 by GDP per capita (PPP). Many are tax havens or oil regions (like Guyana). Singapore, Switzerland, […]

The second round of the French election, which will take place on July 7, has interesting lessons about democracy. In each cycle where no candidate […]

By Lambert Strether of Corrente Bird Song of the Day Common Loon, Redstone Lake, Ontario, Canada. “A few phone calls and sprinkles; quiet background for […]