One of the wealthiest countries in the world, Switzerland’s economy stands amongst the strongest globally. Through following neo-classical, supply-side economics and rejecting the post-WW2 Keynesian consensus, the Swiss economy has thrived and currently has the second highest income per capita globally (adjusted for PPP). 1990s Stagnation Switzerland’s economic strength hasn’t always been a given. DuringContinue reading “Switzerland: Stagnation to Success”
Monthly Archives: November 2022
Struggling South Africa
South Africa has one of the most advanced economies in Africa, characterized by its abundant natural resources, diversified economy, and relatively well-developed infrastructure. However, the country has experienced some economic challenges in recent years, including slow growth, high levels of inequality, and persistently high unemployment. This article will examine the South African economy in detail,Continue reading “Struggling South Africa”
Failure of QE in 2008?
The Global Financial Crisis of 2008 birthed a wave of unorthodox expansionary monetary policy measures. Quantitative easing sought to lower bond yields, pushing financial institutions into riskier assets and thereby increasing aggregate demand; similarly incentivising banks to resume lending, shoring up their balance sheets as bond prices soared. The reality was more complex. Highly leveredContinue reading “Failure of QE in 2008?”
Golden Gilded Age?
The Gilded Age was a period of American history that lasted from the late 19th century to the early 20th century. During this time, the United States experienced significant changes in its economic structure, as it shifted from an agricultural economy to an industrial one. The Gilded Age was marked by a number of economicContinue reading “Golden Gilded Age?”
Free Marketeer 