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Finance

20

Mar'16

Friedman on FX Regimes

With the passing of Milton Friedman last November, we lost one of the great champions of free markets. Friedman’s obituaries …

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20

Mar'16

Reflections on Turkey’s Economy

Stability might not be everything, but everything is nothing without it. Turkey’s current government has learned this lesson and delivered …

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20

Mar'16

Prepare for a Storm

In late February Alan Greenspan warned of the possibility of a recession. The next day the markets took a dive. …

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20

Mar'16

The World’s Greatest Unreported Hyperinflation

Zimbabwe has entered the hell of hyperinflation. Indeed, inflation in March rose by well over the 50% monthly threshold for …

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20

Mar'16

Hyperinflation

In march prices rose by more than 50% as Zimbabwe entered the hell of hyperinflation. That was followed, on Apr. …

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20

Mar'16

Fewer Central Banks, Please

Central banks issue currency and exercise wide discretion over the conduct of monetary policy. Although widespread today, central banks are …

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