Economics of the South

The United States Civil War, fought between 1861 and 1865, was a turning point in American history. It was a time of great political and social upheaval, as the country struggled to reconcile its ideals of freedom and equality with the reality of slavery and oppression. One of the key factors that contributed to theContinue reading “Economics of the South”

Reagan Revolution

Reagan took office in 1981 amidst a plethora of economic crises. Inflation soared in the double-digits at 13.5%, the unemployment rate stood at 7.5%, and energy prices were rocketing in the aftermath of the Iranian revolution. By the end of his two terms, inflation had fallen to 4.1%, unemployment down to 5.5%, and the USContinue reading “Reagan Revolution”

Financial Regulation Pitfalls

The financial industry is the largest market in the world. Under intense scrutiny amidst the Financial Crisis of 2008, Western economies such as the UK and US took to heavy regulatory reform and clamped down on speculative behaviour. However, this proved costly for economic growth – producing a wave of unintended consequences that render aContinue reading “Financial Regulation Pitfalls”

The Economic legacy of HW Bush

Succeeding Reagan was to be an almighty task for anyone. Following a decade of unparalleled growth and prosperity, a turn away from stagflation and the economic misery of the 70s, Vice-President George HW Bush took the reins of the Republican party and the Presidency following Reagan’s departure in 1988. Quite possibly the most qualified everContinue reading “The Economic legacy of HW Bush”