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1 Unlocking Ukraine's Economic Potential: The Role of Maritime Exports in Post-War Reconstruction
Daniel Hall2 Central Banks Are Wrong about Rate Cuts
Daniel Lacalle3 IMF Chief Urges Caution: Central Banks Should Resist Early Rate Cuts Amid Inflation Concerns
Anas Bouargane4 Millions to Benefit From UK's New Flexible Working Bill
Daniel Hall5 UK House Prices Experience First Monthly Decline in Six Months
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After the Flood – Beyond Fiscal and Monetary Intervention
Monetary and fiscal stimulus to ameliorate the effect of the pandemic has exceeded $9trln Stock markets have recovered, although most are below their February highs The combined supply and demand shock of Covid-19 is structural A value-based investment approach is critical to navigate the transition
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A Real Recovery Demands a Back-to-Basics Approach
The macro data published in May and June so far shows a lackluster recovery, with significant challenges both in the pace of unemployment reduction and the improvement in consumption and investment.
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Adam Smith as a Practical Development Economist
For modern economists, Adam Smith's classic The Wealth of Nations is a source of memorable concepts: the division of labor, the "invisible hand," relying on the self-interest of the butcher and baker to provide us with products we want, the insight that people of the same trade rarely get together without trying to come up with some contrivance for raising prices, the four canons of taxation, and many more.
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The longest economic expansion in US history (or at least back to 1854, before which time the data gets not just shaky but exceedingly shaky) ended in February at 128 months.
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