Commitment to America: Plan for Growth?

As the US midterms swiftly approach, an economic crisis is at the forefront of voters’ concerns. The economic consequences of both cannot be understated, with a seemingly porous Southern border coupled with a tidal wave of crime. The inflation crisis is cutting into households’ spending power, with Republicans’ citing the loss of energy independence asContinue reading “Commitment to America: Plan for Growth?”

Failure of Trussonomics

What promised a refreshing start for Britain has since ended in disaster. Truss campaigned to revitalise our stagnant economy, ripping back regulations, and transform Britain from a high-tax, low-wage economy to one of low taxes and prosperity. The markets rejected a wholly un-conservative budget from Kwasi Kwarteng, leaving a collapsing pound and forcing the BankContinue reading “Failure of Trussonomics”

1780s USA

The 1780s marked a critical period for the United States economy. The country had recently gained independence from Britain and was faced with the challenge of building a strong, stable, and prosperous nation. During the 1780s, the United States was a newly independent nation, still in the process of establishing its economic foundations. The countryContinue reading “1780s USA”

Banking Crisis: 1907

The Panic of 1907 was a financial crisis that occurred in the United States in October 1907. The crisis was marked by a series of bank failures and stock market crashes that resulted in widespread economic hardship. The causes are akin to many banking crises that have succeeded this economic catastrophe – rampant speculation andContinue reading “Banking Crisis: 1907”