Thousands of academic and private sector economists are incapable of distinguishing several temporary effects on the rate of price increases from real inflation.
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National Politics
France 24: Germany’s Merz admits ‘disaster’ in state elections, vows to press ahead with reforms
German Chancellor Friedrich Merz on Sunday described his CDU party’s heavy losses in two regional elections as a “disaster”, but vowed to push ahead with a reform drive. The far-right Alternative for Germany (AfD) party […]
EU politics
Kyiv Independent: ‘Full sanctions exemption’ granted as Orban meets Trump in Washington to discuss Russian oil, war against Ukraine
Hungarian Prime Minister Viktor Orban arrived at the White House on Nov. 7 to meet with U.S. President Donald Trump, with Budapest seeking an exemption from recent sanctions targeting Russia’s oil sector. Read Article HERE […]
Corruption
Nick Shaxson – The finance curse: how the outsized power of the City of London makes Britain poorer
The financial sector is hailed as the crowning glory of the UK economy. But as it blooms, everything else withers. This is true wherever the financial sector becomes dominant in the economy, similar to what […]
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