The development sector set out to summon the magic of capitalism from the ashes of communism. How is it going?
Read here
Economics
Stephanie Kelton: Modern Monetary Theory Is Not a Recipe for Doom
There are no inherent tradeoffs between fiscal and monetary policy. Read here
Economics
Michael Roberts: Free trade or protectionism? – the Keynesian dilemma
This is a good take on tariffs, free trade, and protectionism and what the advantages and disadvantages are. Read here
Corruption
Reuters: Diesel collapse gives automakers carbon headache
This is how absurd things can become – thanks to the EU: Diesel was supposed to reduce CO2., but the car manufacturers, to increase their profits, cheated, and produced radically more nitrogen oxide than permitted, […]
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