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The IMF smokescreen

In its latest World Economic Outlook report, the IMF again tackled the issue of climate change, global warming and what to do about it.  As it did last year, the IMF recognised that climate change was a burning issue for humanity and the planet.  But this time it claimed that there were policy options thatContinue reading “The IMF smokescreen”

A prize auction

This year’s ‘Nobel’ (actually the Riksbank) prize for economics went to Stanford University economists, Paul Milgrom and Robert Wilson.  According to the Royal Swedish Academy of Sciences, they “have studied how auctions work. They have also used their insights to design new auction formats for goods and services that are difficult to sell in aContinue reading “A prize auction”

Ending the pandemic slump – a return to Keynes?

The latest Trade and Development report by the United Nations Conference on Trade and Development (UNCTAD), the economic research agency to help ‘developing countries’, is a must read.  Not only is it packed with data and statistics about trends and developments in global production, trade and investment, but this 2020 issue takes a very radicalContinue reading “Ending the pandemic slump – a return to Keynes?”

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