There’s a reason people say “put your money where your mouth is.” Predictions are free, but a friendly wager acts as a tax on the delusional. And there is perhaps no topic of debate where this sort of ...

Jonathan Wellum, CEO of Rocklinc Investment Partners, discussing capital flows into the US under Trump-era policies (tax cuts, deregulation, tariffs, reindustrialization). He emphasizes how investment ...

The government spent 100 trillion yen. In theory, the effect should have been 350 trillion yen. But in reality, it was 120 trillion yen. This 'threefold divergence' suggests that economics is ...

With a large economic downturn underway, the Administrations of George W. Bush and Barack Obama pushed for “stimulative” deficit spending in 2008 and 2009. According to Keynesian theories of economics ...

According to Keynesian economic theory, many recessions have little or nothing to do with underlying structural economic problems. Instead, the theory holds, recessions are the result of a crisis in ...

THERE used to be a popular quip that the IMF’s acronym stood for “It’s Mostly Fiscal”, because, whatever the problem, the fund’s economists would advocate tighter fiscal policy. How times change. In ...

COVID-19 and the related government-led lockdowns have resulted in widespread economic shock and job loss, in the UK and around the world. Governments, including in low and middle-income countries, ...

In recent years, politicians -- among them President Obama in his 2013 State of the Union address -- have publicly acknowledged the economic significance of the manufacturing sector. But their focus ...

The United States has implemented large-scale fiscal policy measures to help households and businesses cushion the economic fallout from the COVID-19 pandemic and to strengthen the recovery. The ...