The latest information from Japan suggests that in December 2023, its inflation fell sharply for the second consecutive month and that one might conclude the inflation episode is coming to an end. The Bank of Japan made the assumption that this supply-side inflation was temporary and would subside fairly quickly once those constraints eased. And they were right
Corruption
Thomas Fazi: How the Davos elite took back control
The World Economic Forum in Davos is kicking-off. Thomas Fazi argues in ‘Unherd’ that it is an important mechanism for elites to shield themselves from democratic constraints. Read the article HERE.
Economics
Eurostat: GDP down by 0.1% in the euro area and up by 0.1% in the EU
Among the Member States for which data are available for the third quarter of 2023, Latvia (+0.6%) recorded the highest increase compared to the previous quarter, followed by Belgium (+0.5%) and Spain (+0.3%). The highest […]
EU politics
New Economics Foundation: Put Drivers in Control
Imagine an Uber run co-operatively by their drivers, collectively controlling their futures, agreeing their own pay and conditions, with profits shared or re-invested. Why this proposal is viable. Read here
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