Economic

Larry Summers accuses Federal Reserve of ‘dangerous complacency’ over inflation

Lawrence Summers, the former US Treasury secretary, has sharply rebuked the Federal Reserve for its loose monetary policies, accusing the central bank of creating...

Investors Won’t Buy the “Transitory” Inflation Line | Daniel Lacalle

The Federal Reserve and European Central Bank repeat that the recent inflationary spike is “transitory.” The problem is that investors do not buy it. Inflation is always a monetary phenomenon,...

The question about secular stagnation that always has bugged me – Marginal REVOLUTION

I have never understood how savings is supposed to remain above investment for extended periods of time.  In a recent Op-Ed, Krugman summed up...

Is solar manufacturing a highly automated business?

The big news in solar manufacturing for the last decade, if not more, has been the incredible cost reductions fuelled, to a large degree,...

Per Bylund on the Importance of Good Theory for Good Business | Hunter Hastings, Per Bylund

What use is economic theory in business? It’s indispensable. It’s the necessary starting point for all businesses, brands and projects. Only when you have...

News You Can Use – Marginal REVOLUTION

1. Popular wisdom says the second cheapest bottle of wine has the biggest markup because no one wants to look like a cheapskate and...

Singapore’s new Covid restrictions will hit its marine sector

This article is an on-site version of our Trade Secrets newsletter. Sign up here to get the newsletter sent straight to your inbox every...

Germany’s highest court rejects fresh challenge to ECB

Germany’s constitutional court has rejected the latest attempt to block the European Central Bank from buying sovereign bonds, turning the page on a six-year...

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OCC hits brakes on rollout of Trump-era CRA rule

WASHINGTON — The Office of the Comptroller of the Currency on Tuesday halted the implementation of its 2020 rule...

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UAE China reality of the day – Marginal REVOLUTION

Rochelle Crossley has been working as a flight attendant...