In this article, we want to ask the simple question of how Argentina’s central problem, extremely high inflation, is to be tackled by the “markets”. Thereby, we use the contrasting example of Turkey, which is also much (and wrongly) discussed in the media, to show why it is almost impossible to return to moderate inflation anywhere in the world using the orthodox means of monetary policy.
Economics
DeStatis – German Recession: 19.3% flats were approved between January and August 2024
Destatis apparently did not wish to publish this article in English. So here are some extracts: 18 Ocotber 2024 Building permits for new buildings from January to August 2024 compared to the same period last […]
Climate Crisis
Tim Jackson: Degrowth – How the light gets in
The Entropy Law still matters. CUSP director Tim Jackson responds to Michael Liebreich’s essay on the ‘The secret of eternal growth’. Read here
Inequality
Prem Sikka: How an ‘Inequality Tax’ could restore some fairness to Britain
Prem Sikka shows why it’s time for a new tax on high pay. Read here
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