Taiwan is a success story of rapid economic growth during the 20th century. Once a predominantly agricultural economy, Taiwan transformed into a thriving industrial and technology hub, becoming known as one of the Asian Tigers. The country’s impressive economic development was driven by a combination of factors, including its neoliberal economic policies. Growth Free-market, neoliberalContinue reading “Taiwan’s Transformation”
Monthly Archives: May 2023
Turkish Monetary Crisis
Turkey has been experiencing a currency and monetary policy crisis over the past few years. This crisis has had significant economic and political implications for the country and has been a cause of concern for investors and policymakers around the world. Causes The Turkish currency and monetary policy crisis can be traced back to severalContinue reading “Turkish Monetary Crisis”
Failure of Bush Tax Cuts
George Bush was a President tarnished by the financial crisis and the failure of the Iraq War. Elected on the promise of a Conservative revolution akin to the 1980s, Bush vowed to shrink the state further and he failed in this goal. Pursuing Keynesian economic policies, the deficit exploded as his tax cuts were unableContinue reading “Failure of Bush Tax Cuts”
Declining homeownership
Homeownership levels in most developed countries have fallen over the past decade. In the UK, the rate of homeownership reached a peak of 73% in 2008; by 2017, this figure had fallen to 63%. The same phenomenon has been witnessed in similar western nations as in the US, it has fallen by 10% since 2008.Continue reading “Declining homeownership”
Free Marketeer 