Readers Question. I greatly appreciate the time that you took to try to explain our debt situation. (History of National Debt / GDP) One thing that still confuses me is why our debt actually rose during a sustained time period where debt/GDP charts showed that it shrank. This is very important. (and I wish those …
Saltwater economists are associated with economists from the Universities on the east and west coast of the US. In particular universities such as Berkeley, Harvard, MIT, Princeton, Pennsylvania Columbia and Yale. Economic thought from these universities tends to be more suspicious of free markets and advocate a greater role for government regulation and discretionary fiscal …
During the 1990s and early 2000s, Spain enjoyed rapid economic growth and became the 5th largest EU economy. In particular, the rapid economic growth encouraged a boom in property. In 2006, Spain started building 800,000 new homes – more than Germany, Italy, France and UK combined. (Euro Challenge.org) However, in 2008, Spain was badly affected …
Readers Question: How is the market of raw coffee determined on the world commodity markets? The price of raw coffee is determined by the basic principles of supply and demand. Demand for coffee beans will be largely determined by the large coffee firms such as Nestle and Kenco. In turn their demand depends on the …
Reader Question: What Are The Macro-Economic Problems Faced In UK In 2015? And What Are The Reasons And Causes? See updated post: Problems facing UK economy post Brexit. Only time for a quick answer. Off the top of my head 5 problems for UK economy Low economic growth Low productivity growth Budget deficit / perceived …
Readers Question: I only recently discovered your site, which is spectacular, and have been reading every article since then. However, I found that two of your articles are contradicting. In your article “Problems of Deflation” you state that the current monetary policy of the EU is tight due to 0.5% inflation and interest rates. In …
Vertical integration occurs when two firms at different stages of production merge. It involves going up or going down the supply chain. Example of vertical integration. Brewery merging with chain of pubs Software supplier merging with Computer firm Coffer grower merging with a coffee retailer such as Nescafe Car firm Renault merging with a tyre …
I’m off to New York on Wednesday, I’m tempted to stay until May 8th, so I can miss the UK General election campaigning, which so far has been quite depressing for the poor quality of economic debate. This is just an outline of some issues for consideration. I may expand upon these in the coming …