Economic Growth
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Economic Growth Doesn’t Cause Inflation. Here’s Why
“It’s important to get the basic economic relationships right when discussing monetary policy. Economic growth isn’t inflationary. Journalists and central bankers should stop saying otherwise.” ~ Alexander William Salter
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Trump’s Economy?
Long-term stability in economic growth owes to the robustness of economic organization in the United States. A single president might transform the economic landscape, but that transformation is necessarily constrained.
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Growing Pains
Long-run growth projections have plummeted since the Great Recession. How much blame does fiscal austerity bear for this bleak outlook?
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Highlights from the GSMA’s 2017 Mobile Money Report
The continued growth of mobile money should excite anyone who believes private sector innovations are the best means of achieving sustainable economic and financial development across the developing world.
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China: Money Matters
Contrary to what the doomsters have been telling us, China’s economy is not on the verge of collapse.
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Two Legends in Economics Wrestle Over the Euro’s Future
FORTUNE — Robert Mundell and Allan Meltzer rank among the most influential economists of the past half-century. Mundell, a professor at Columbia University, garnered a Nobel Prize in 1999, in […]
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Is Greater Productivity a Danger?
It is bad enough that opponents of the free market wrongly blame capitalism for environmental pollution, depressions, and wars. Whatever the failings of their causal theories, at least they are focused on undoubtedly bad things. We have really gone beyond the pale, though, when the market is blamed for something good.
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It’s the Money Supply, Stupid!
During the 1992 presidential campaign, former President Clinton’s rallying cry was “It’s the Economy, Stupid.” He sang it to perfection and won the election. Today, the smart politicians (and economists) should realize that “It’s the Money Supply, Stupid.”
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Ron Paul and the Martian Atmosphere Machine
“Bernanke, give these people air!” by John DeFeo Ron Paul has staked his presidential hopes on a few key issues, among the most prominent being monetary policy. The feisty Texas […]
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Lagarde’s Golden Opportunity
Article and photo originally found at The Wall Street Journal: Opinion Europe Author: Dr. Judy Shelton It can be hard to remember these days, but the International Monetary fund started […]
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“Slow Growth, Inflation Makes US Bonds Bad Buy: Gross” – CNBC
“The US economy is headed for a period of higher inflation and lower growth that makes the nation’s debt unappealing when measured against its global competitors, Pimco’s Bill Gross told […]
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“U.S. Government Spending Is the Biggest Threat to Economic Recovery” – Money Morning
“Bernanke continues to dismiss inflation as a big U.S. economic concern, and the Fed decided last week to keep interest rates between 0.00% and 0.25% “for an extended period.” But […]
