Keynesian economics is a theory that government intervention is needed to stimulate demand and stabilize the economy, ...
The IS curve shifts when external factors influence aggregate demand. An increase in government spending or consumer ...
Consumer spending is the lifeblood of the Philippine economy, which contributes about 70 percent of the country’s gross ...
An applied Friedmanite, Volcker understood that excess growth of the money supply was the root cause of this ...
In an 1849 essay, Thomas Carlyle described economics as the ‘dismal science’. Attempts to elevate the discipline involves the use of mathematics and statistics, ...
I took part in a webinar recently as a panellist. One keynote speaker pointed to agriculture as a lagging sector and paddy as ...
Investment bank Goldman Sachs has predicted 300 million jobs will be lost as a result of AI. I doubt the forecast is based on ...
Structural reform refers to profound changes in the underlying structure of an economy or society, aimed at improving ...
Warren Buffett is known for his patient and focused investment strategy. In his 1991 Berkshire Hathaway Annual Letter, he likens the stock market to a mechanism that transfers wealth from active to ...