Resolving the inflation crisis: Return to the 1980s

Spiraling inflation, climbing oil prices. Phenomenons are familiar to those who lived through the terrible 1970s. In the following five decades, the UK became one of the biggest debtor nations. Across the Atlantic, a similar fate for the US, from the largest creditor to the largest debtor nation. The inflation calamity of 2022 is farContinue reading “Resolving the inflation crisis: Return to the 1980s”

Is Free trade good?

There is a consensus amongst economists that free trade is mutually beneficial. Yet, the rise of populists and nationalists globally coincides with the growing popularity of protectionism. In 2016, Donald Trump ran a campaign that focused on the US trade deficit, promising to restrict imports from abroad to boost domestic manufacturing. Once in office, theContinue reading “Is Free trade good?”