Tags » Economic History
One of the nicest stylised facts in applied economics is that if the Fed inverts the yield curve it will cause a recession. Inverting the yield curve basically means that the Fed hikes the short-term interest rate goes higher than the long-term interest rate. 1,000 more words
The Great Desolation or the ruin of England's countryside. Oliver Goldsmith's deserted village revisited.
Whenever I write about economics; I like many writers look to my own experience to comprehend the changes that have taken place in our society. Frequently I look back to my childhood for inspiration partly for reasons of nostalgia, but also because I mourn a way of life that has passed. 1,546 more words
Today I published an article on The Guardian’s website entitled The left needs a deft touch in tackling the financial sector’s dominance. In the article I made the case that the value of the sterling is inherently tied up with inflows of foreign capital. 431 more words