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
Andreas Diemer, Simona Iammarino, Andrés Rodríguez-Pose and Michael Storper: The regional development trap in Europe
Many regions in Europe are stuck in a development trap, finding it hard to regain past dynamism and hopes of greater prosperity. Read here
Economics
Forbes: The 3 Richest Americans Hold More Wealth Than Bottom 50% Of The Country
That was the gist of a recent report published by the Institute for Policy Studies, a left-leaning think tank based in Washington, D.C. Using data from Forbes’ annual ranking of the 400 richest Americans, the […]
National Politics
Chris Dillow: The same old mistakes
Error one is that you must base policy not upon what you hope will happen, nor even upon what you expect to happen, but upon the range of possible outcomes. Error two is the pawn […]
Be the first to comment