Economists and environmentalists alike have touted neoliberalism and environmentalism as mutually exclusive. Since the turn towards neoliberalism that started in the 1980s, global carbon dioxide emissions have increased by over 50%, from 22.7 to 36.4 billion metric tons. This has led many economists and experts alike to associate environmental problems with cost-cutting procedures, taken byContinue reading “Economics and environmental degradation”
Author Archives: Jamie Dean
El Salvador’s Bitcoin experiment
As the first country to adopt Bitcoin as a legal tender, it is of no surprise that El Salvador has made headlines in recent weeks. Partnering with a digital wallet company, Strike, the adoption of bitcoin technology is with the aim of building financial infrastructure in an otherwise poverty-stricken nation. President Bukele of El SalvadorContinue reading “El Salvador’s Bitcoin experiment”
The Economic legacy of the Trump Administration
The 45th President of the United States was sworn in on the 20th of January, 2017. Despite being a controversial figure, namely due to his tweets and nonchalant character, insofar as many social media platforms eventually took to de-platforming him, his economic legacy is laudable on many fronts. With this said, his economic agenda deviatedContinue reading “The Economic legacy of the Trump Administration”
The failure of Negative Interest Rates
In past decades, central banks in developed countries, such as the Bank of England, the European Central Bank and the Federal Reserve, have often dropped rates to spur post-recession economic growth. However, in the decade following the Great Recession of 2008, several central banks experimented with negative interest rates, with Denmark being the first toContinue reading “The failure of Negative Interest Rates”
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