Jamie Dean

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”

Great Recession: Monetary failure

A calamity that shaped the past decade, the Great Recession marked an end to the Great Moderation, three decades of prosperity. The root causes behind the Financial Crisis and the subsequent Great Recession are complex. A speculative shadow banking sector was supported by reckless Central Banks, bailing out financial institutions and promoting the culture ofContinue reading “Great Recession: Monetary failure”