Is inflation good for economic growth?
byAfter settling at 3.9% in July 2011 the yearly rate of growth of the consumer price index (CPI) fell to 1.6% by January this…
Bubbles
Building White Elephants in China
byLoose US monetary policy has had its echoes all around the world. The US dollar, once thought to be “as good as gold”, has…
James Dines: Gold, Rare Earth, Uranium, and the Mother of all Bubbles
byRare Earth elements are essential for the production of modern technology — for instance, Toyota Prius drive motors rely upon dysprosium. Phones, computers, and…