Japan’s economic transformation during the 1950s and 1960s is widely regarded as one of the most remarkable achievements of the 20th century. At the heart of this transformation was the implementation of supply-side policies, which aimed to increase productivity and promote economic growth through measures such as investment in infrastructure, deregulation of industries, and promotionContinue reading “Japan’s 1950s Success”
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Australian 1980 Revolution
In the 1980s, Australia underwent a neoliberal revolution that fundamentally transformed its economy. This revolution was characterised by a shift away from protectionist policies towards free-market principles, deregulation, and privatisation. The reforms had a profound impact on the Australian economy, and its performance since then has been remarkable. Background Australia’s neoliberal revolution promoted rapid growthContinue reading “Australian 1980 Revolution”
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”
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”
Free Marketeer 