Which are the worlds biggest economies by GDP? World Economic Forum
The United Kingdom, which has a $3.16 trillion GDP, is the sixth-largest economy in the world. Egypt had a GDP of $475 billion in 2022 with an economic growth of 6.6%. However, this growth is expected to decline in 2023 to 4.5% according to the World Bank. Inflation is expected to remain in double digits, […]
The Ukraine Crisis Is a Classic “Security Dilemma”
Yves here. It’s frustrating to see Medea Benjamin and Nicolas J. S. Davies not understanding the history of and stakes in the Ukraine conflict, perhaps because they are not willing to see that the only peace settlement that will occur is when one side is defeated, and that side is not likely to be Russia. […]
Different varieties of inflation – Econlib
Inflation can be measured in a number of different ways. There is no “correct” measure of inflation, rather the utility of various inflation indices depends on the question being asked. Consider the following FT story: On both sides of the Atlantic, hawks insist “core” inflation (excluding food and energy) remains too high. But consumers […]
