Tag: economy

Hungary: An Economic Assessment

The best way to understand the thought leadership behind Hungary’s economic success is to examine the 2016 tax reform, which created perhaps the simplest and most ingenious small-business tax in the world.

Is A Recession Really Coming?

Although some countries have recovered, overall economic activity has been disappointing. To make matters worse, a closer look at capital formation—a.k.a., business investments—and consumer spending suggest that a recession is in fact just around the corner.

Volatility Strikes Debt Markets

Volatility in prices and yields on the government-debt markets are the second highest recorded since 2009.

Liz Truss Plans to Boost Immigration

Truss seems happy to keep disappointing the right flank of her party. Truss’s approach to immigration may also tank her popularity with voters who expected a government willing to sacrifice the absolute value of GDP for a stronger, more socially cohesive nation.

Recession or Not? Part I

While it is correct that a recession is defined by two consecutive quarters of declining GDP, it is not correct that the American GDP declined two quarters in a row. Unfortunately, all the economists and analysts who made the recession call were wrong.