The life and possible death of low interest r...

Let’s call it the luxury of restraint. This is what enabled Norway to avoid the fate of so many other countries when they discovered oil and it changed the mix of their economy overnight.Norway! It’s expensive, wealthy, and abundant in resources. We’re going to compare two of the ...  Show more

Let’s head to a small town in Kenya that’s become globally famous for helping economists answer some of the biggest questions facing humanity.In Kenya and Nigeria, economics isn’t just theory, it’s real life. We’ll look at some radical experiments that turned out to be enormously ...  Show more

The past few years have been marked by two economic trends that have affected pretty much everyone on the planet. The first is the cost of living crisis that followed the Covid pandemic and was made worse by Russia’s invasion of Ukraine. That saw prices in the shops soar - in man ...  Show more

Stocks are sliding and bonds are rallying, as investors react to accumulating evidence that inflation will persist even though the economy is slowing down. There’s a word for that kind of scenario: stagflation. “The Fed is facing one of the worst predicaments of its existence,” t ...  Show more

Students of economics will know all about Stagflation - a period of stagnant growth but with moderate to high inflation. Many thought it was consigned to the history books. Not so according to the OECD which says the Russian invasion of Ukraine has changed the outlook dramaticall ...  Show more

Stagflation has returned—and it’s a nightmare! Rising unemployment, slow economic growth, and persistent inflation are hurting economies, especially the US. Why is this combination so dangerous, and why are experts worried now? Explore how the Fed’s dual mandate is failing, uncov ...  Show more