October 2018 - Emile Woolf writes

If I were Prime Minister

FRESH START AFTER BREXIT – GOING POSTAL 29-10-18 [EP41] One of last Monday’s blog-readers, “WinstonSmith”, challenged me to describe what I would do if, after Britain has finally left the EU, I were to be appointed Prime Minister! Well, I can’t miss out on an invitation like that. Recognising that a fresh approach requires a […]

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Reaping the Whirlwind – lessons of 2008 and the rich/poor divide

ECONOMIC PERSPECTIVES – 39 REAPING THE WHIRLWIND My wife and I have just returned from a couple of weeks in the USA. Among many sources of stimulation, debate between friends and family threw up a number of key issues of economic interest – two in particular stand out, and they are closely related: (i) Whether […]

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THE FUTILITY OF INSTITUTIONAL MEDDLING

GOING POSTAL – 22 OCTOBER 2018 / EP 40 DEBUNKUNG ECONOMIC MYTHOLOGY – PART 3 “THE FUTILITY OF INSTITUTIONAL MEDDLING” My mission for this week A number of readers who responded to my post last Monday, on “inflation and interest rate suppression”, asked me to explain the roles of the International Monetary Fund (IMF), the […]

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DEBUNKING ECONOMIC MYTHOLOGY – PART 2  

GOING POSTAL – 15 OCTOBER 2018 DEBUNKING ECONOMIC MYTHOLOGY – PART 2   <EP4> THE INFLATION CONUNDRUM Typically, the general public confuses any economic phenomenon with its manifestation. Both are thought of as the same thing. For example, the phenomenon “inflation” is assumed to mean the same thing as its manifestation, which is rising prices. The […]

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