The false promise of Indonesia’s economy
Listen to this story.Enjoy more audio and podcasts on iOS or Android. Your browser does not support the <audio> element. In politics, repetition is a crucial part of any campaign. But for Indonesian voters, who go to the polls to elect a new president on February 14th, one pledge is starting to sound a little […]
Bankers have reason to hope Trump triumphs
Listen to this story.Enjoy more audio and podcasts on iOS or Android. Your browser does not support the <audio> element. Have you noticed that America’s bankers are seething over proposed new capital rules? What gave it away? Perhaps it was the advertisements that warn of dire consequences for the economy, which blare out during prime-time […]
The dividend is back. Are investors right to be pleased?
Listen to this story.Enjoy more audio and podcasts on iOS or Android. Your browser does not support the <audio> element. Meta celebrated its 20th anniversary this week as all good and mature businesses should: by paying shareholders a dividend. In lieu of a birthday bash, the Silicon Valley stalwart marked its coming of age with […]
Abbott Reacts To Biden’s Apathy At The Border
Greg Abbott refers to NYC migrant plan as ‘insanity’ READ:https://t.co/GEOeIDHCjE#Greg #Abbott #NYC #NewYork #Migrant #Insanity #Left #Democrat #Republicans #US #Politics #News #Viralvideo #ViralVideos #Explore #Explorepage pic.twitter.com/gWvXpK9zKA — Washington Examiner (@dcexaminer) February 5, 2024 Texas Governor Greg Abbott has done more to prevent America from invasion than the entire federal government. Abbott has explained countless times […]
Are NYCB’s troubles the start of another banking panic?
Listen to this story.Enjoy more audio and podcasts on iOS or Android. Your browser does not support the <audio> element. A bank publishes lousy earnings or an “update” on its business. Its share price plunges. Its name is splashed on newspaper front pages. The bank’s bosses hold a conference call urging calm. Its share price […]
Debt is piling up and it won’t end well for the world, economist warns
A mosaic collection of world currencies. FrankvandenBergh | E+ | Getty Images The world is looking at a debt crisis that will span the next 10 years and it’s not going to end well, economist Arthur Laffer Jr. has warned, with global borrowings hitting a record of $307.4 trillion last September. Both high-income countries as […]
Questions for Interventionists – Econlib
In an earlier post, I pointed out that we do not exist in a state of nature. As many economists have been pointing out since at least Ronald Coase’s famous 1960 paper The Problem of Social Costs, we exist in a complex world of pre-existing social, economic, legal, and legislative arrangements. These arrangements influence our […]
China’s stockmarket nightmare is nowhere near over
Running China’s securities watchdog is a perilous job. A market rout can end your career, or worse. On February 7th, after weeks of stockmarket instability, Yi Huiman, the head of the China Securities Regulatory Commission (CSRC), was suddenly fired and replaced. He is not the first official to fall after a period of plummeting stock […]
