Image: New York Review 1982 From Alasdair Galloway: Stewart’s acute perception is well used on his recent “Is Scotland’s economic fate already sealed for the next 50 years?”. https://talkingupscotlandtwo.com/2022/08/31/is-scotlands-economic-fate-already-sealed-for-the-next-50-years/ I agree completely with all the points that he makes there…. Read More ›
Economic History
All Economics-related Posts
September 1992 — Paris Diaries of the 1990s
Note from DAH: The following is a diary entry that somebody wrote in September 1992 about the ascension of the European Union and Black Wednesday. I have discussed about the topic before in an Economic History Case Studies post about… Read More ›
How NFT Blue Chips Plan To Take On Disney — The expert blog 9247
In an earnings call last week Thursday, CEO Yves Guillemot said that the possibility of embracing blockchain as a revolutionary technology is, now more than ever, on the cards. Guillemot, who views the move as an attractive long-term investment prospect,… Read More ›
US inflation surprise: in July consumer price growth slows (+ 8.5%), a sigh of relief for the FED. Markets celebrate — Breaking Latest News
In July, US consumer prices rose by‘8,5% compared to a year ago, a slowing pace compared to the previous month (+ 9.1%) mainly due to the drop in gasoline prices. While on a monthly basis, prices remained unchanged as energy… Read More ›
Why raising interest rates to reduce inflation may work out very badly — Our Finite World
Are we headed for very high energy prices? Or, are we headed for a financial system that starts falling apart? The whole economic system may change remarkably. For example, what many people thought was money, or a promised pension plan,… Read More ›
Economics of War: Pain for Europe Now, Later for Russia — Chapelboro.com
Written by THE ASSOCIATED PRESS Across Europe, signs of distress are multiplying as Russia’s war in Ukraine drags on. Food banks in Italy are feeding more people. German officials are turning down the air conditioning as they prepare plans to ration natural… Read More ›
Economic History Case Studies: Asian Tigers (Pt. III of III)
Taiwan, formerly known as “Formosa,” has historically been an island contested by various colonial powers vying for control of neighboring Mainland China. Its geographical location also made it ideal for facilitating trade between China, Korea and Japan, which was exactly… Read More ›
Notes on “Developmentalist States”
While searching for a number of nations that historically adopted Developmentalism, I came up with a small list of them, the vast majority of which were situated outside the Western world. From what I could gather, the ones with the… Read More ›
Japan’s Refusal to Save A Free-falling Yen Reflects the Global Economy’s Shortcomings — Spheres of Influence
Despite the value of the yen being in freefall, Japan sees economic intervention as too costly an endeavor. How will this policy decision play out? And what does it reveal about the state of the global free market? Japan’s Refusal to… Read More ›
Economic History Case Studies: Welfare Capitalism’s “Manufacturing Fetish”
The years since the Great Recession has witnessed a growing interest among Western countries to restore their manufacturing capabilities. Although heavy and light industries are both necessary to provide any nation with finished goods, it is still naïve to treat… Read More ›
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