Opinion
Fatuous Sagacity~III
Mathematization of economics propelled the discipline of political economy to the pedestal of pure science making it a complex discipline. The fact that economic theories can never be proved by ...
Opinion
Fatuous Sagacity~II
Among modern economists, the person who completely revolutionized economic thinking and practice during the Great Depression of 1930s had been John Maynard Keynes whose unconventional ideas contained ...
Remittances—financial transfers from migrants to their home countries—are often lauded as a driver of economic growth in ...
We have always understood the power of a good story. In the past, the story Louisiana told to attract companies here was a ...
Political leaders on both ends of the aid spectrum exploit these dynamics to serve their narratives. Proponents of aid ...
There have been several major phases of development theory since 1945. Alexander Gerschenkron argued that the less developed ...
By contrast, in colonies where the climate was more suited to Europeans, they often employed more inclusive institutional structures to attract European settlers by offering them a chance to share in ...
The response from China to the imposition of tariffs by the US in the current impasse is reportedly tough and requires a rethink from the US government. The concept of market forces and free trade are ...
He just co-authored a study on the economic impact of President Donald Trump’s 2017 tax cuts, which slashed corporate taxes from 35% to 21%. The study found companies invested a lot of that ...