Grant Economics

Ulysses S. Grant served as the 18th President of the United States from 1869 to 1877. During his presidency, Grant pursued a number of economic policies that aimed to promote economic growth and stability in the United States. While his policies were aimed at promoting economic growth and stability in the United States, they wereContinue reading “Grant Economics”

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”

Stop-go Monetary Failure: 1970s’ Inflation

Inflation. Squeezing millions of households across the UK to the brink. Excessive stimulus by Central Banks globally, particularly the Federal Reserve and the Bank of England, have exacerbated supply side shocks. Economists likening the inflationary shocks of the 1970s are misguided. The Great Moderation, the three decades of economic stability and growth that succeeded theContinue reading “Stop-go Monetary Failure: 1970s’ Inflation”

Monetary Tightening? All talk.

Amidst spiralling inflation, Central Banks globally have promised to take the fight with all policies at their disposal. They claim a decade of dovish measures by the ECB, BoE and the Federal Reserve have come to a close. The Great Financial Crisis of 2008 ushered in a wave of unprecedented measures by Central Banks; expansiveContinue reading “Monetary Tightening? All talk.”