Economics

Merkel denied Trump and supported Putin

06.09.2018

German Chancellor Angela Merkel for the first time, albeit in very cautious terms, supported Russian policy in Syria's relations, specifically - the participation of Russian and Syrian armed forces in cleansing terrorists from the last stronghold

Economic Myths #12 – The Deflation Danger

22.08.2018

Politicians and mainstream economists are persistent in their warning of the so-called “deflation danger” – the idea that falling prices are calamitous for economic progress and that a perpetual, ceaseless price inflation is needed in order to bri

The Cult of "Geniuses"

15.08.2018

In the world of "economic science" some "gods" appeared, which can be worshiped, but with whom one can not argue, who can not even be suspected of any mistakes and errors.

Economic Myths #10 – Taxes Benefit “Us”

09.08.2018

Whenever there is the appearance of some headline berating large corporations for arranging their affairs so as to pay as little tax as possible on profits earned in the UK, the indignation from the general public seems to centre on the belief tha