An explanation on why Ricardo’s theories on comparative advantage don’t hold true in the real world. Starting with the the industrialisation of Japan.
Phil talks to Prof Steve Keen on the lies and misunderstands of the economics profession
Trump’s unexpected win reflects the dissatisfaction of huge swathes of disenfranchised voters across America.
How are inflation an dinterest rates inter-related and is the bond is as tight as Central Banks seem to believe?
A big drop in US equities shows hopes of a stimulus deal have collapsed, but NAB’s Ray Attrill says the rising pound suggests nobody believes Boris Johnson when he says he’s calling off talks over Brexit. https://t.co/k0FXhO4xcT