25 Mar Will Central Planning Work?; How do we Solve a Problem like North Korea?*

Posted at 15:04h in Economics, International Relations, Politics 0 Comments

Share

Will Central Planning Work? Friday’s The Lonely Realist was distributed early on a turbulent news-filled day. That news included March’s EU factory output, which fell off the table, and U.S. manufacturing activity, which slipped to its lowest level in almost two years. The slowing...

Read More

22 Mar The Central Bankers’ Dilemma; Was Pax Americana Good for America?*

Posted at 15:01h in Economics, International Relations, Politics 0 Comments

Share

The Central Bankers’ Dilemma On March 30th, the Federal Reserve announced that it does not intend to increase interest rates in 2019. It has put its Quantitative Tightening (QT) program on indefinite hold. Recall that it was only in November that Fed-watchers were forecasting...

Read More