Monetary policy in the UK and the US is conducted by the Bank of England and the Federal Reserve, respectively. While on the surface, monetary policy appears uniform across all nations; this is far from the truth – with different monetary tools at the disposal of the various Central Banks globally. Such is the caseContinue reading “Monetary Tools”
Tag Archives: politics
Dubai Healthcare: Private Success
A world-class healthcare system accompanies Dubai’s economic might. As a pose to the malfunctioning NHS with which access to care is virtually non-existent, Dubai’s healthcare system is very accessible, all the while providing high-quality care. Public vs. Private Distinguishing between the public and private healthcare systems in Dubai is crucial. Public healthcare is available forContinue reading “Dubai Healthcare: Private Success”
Left-wing Liberals
The Liberal Party in the United Kingdom implemented a number of economic policies between 1900 and 1915 that aimed to promote economic growth and development while putting an emphasis on social welfare in what became the beginnings of the welfare state. The party’s focus on free trade, social welfare reforms, and infrastructure investments helped toContinue reading “Left-wing Liberals”
Britain’s Decline: 1950-79
John Maynard Keynes revolutionised the Economics profession. Through developing the foundations for the New Keynesian consensus that occupies policymakers today. However, successive Labour and Conservative governments stuck religiously to the Keynesian demand-management model, neglecting the supply-side performance of the economy that continuously lagged behind its peers. Heavy government intervention, a key tenant of the originalContinue reading “Britain’s Decline: 1950-79”
Free Marketeer 