More in Global Economy

9 months

The ECB Must Follow Its Mandate

The European Central Bank should be hugely concerned about two pieces of news.

9 months

Labor Economics: Lower Minimum Wage | 2-Hours Work amid Hyperinflation

There are several states and cities in the US where the minimum wage rates just went up.

9 months

Agribusiness Subsidy Model amid the Global Food Crisis

The Guardian recently wrote an editorial on the global food crisis, stating that “countries should redirect domestic support towards sustainable farming and nutritious foods, reducing their reliance on imports.”

9 months

If Central Banks Do Not Tackle Inflation, Deflation Will Come from A Crisis

Most market participants have been surprised by the last six months.

9 months

Sri Lanka & Ecuador: Economic Paths amid Hyperinflation & Energy Prices

The prime minister of Sri Lanka recently announced that the country’s economy has collapsed.

9 months

Pandemic Macro: Stimulus vs. Insurance

The pandemic recession from March to April 2020 and its aftermath–up to and including the current surge of inflation and the risk of another recession as the Fed raises interest rates to choke off inflation–seems to require a different set of lessons than basic textbook models.

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