monetarypolicy
The RCEP: A Reason for Hope
November 15 marks probably the most important date of 2020 and potentially of the last couple of years. On this day, 15 Asian states signed the Regional Comprehensive Economic Partnership (RCEP), thus, creating the biggest free-trade zone in history – in unusual fashion via a video conference, due to the globally raging Corona pandemic. The...
Value vs Price in a Global Bubble Economy
The beauty of economics is that human nature is constant. Hence, the outcomes of economic calculations, estimates and theories only change when new variables are added or old variables fall away. For example, the introduction of financial innovations, the globalisation of the economy or the internet are such variables that have been added to the...
