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China’s Wealth Tax

In the last week, Jackson Hole turned out to be a non-event.   The much-awaited...

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The Economics of and Fallout f...

Kabul has fallen.     It took mere weeks for the Taliban to win; and just...

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The China Crackdowns

Tech stocks in China have been crashing, possibly with some more ways to go.   T...

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The Inflation Debate

Data on US CPI were released last night.  It was a year-on-year increase of 5.4 perce...

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On Bidenomics....

In early May, it had been chock full of news about how President Biden was taking credit f...

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The G7 Belt and Road Non-Initi...

If you watch financial news these days, you will learn new vocabulary.   “...