Finance and Growth under neo-liberalism
Prabhat Patnaik The post-second world war years had seen systematic intervention by the State to stabilize capitalist economies. In fact
Prabhat Patnaik The post-second world war years had seen systematic intervention by the State to stabilize capitalist economies. In fact
Price elasticity of demand (PED) measures the responsiveness of demand after a change in price. Example of PED If price
Interest rates are constantly in the news, and we all know they have an important effect on the economy and
Tejvan Pettinger The US has recently placed tariffs on Chinese imports and is threatening to further increase tariffs in the
Tejvan Pettinger Readers Question: Does inflation causes unemployment? There are a few different scenarios where inflation can cause unemployment. However,
C. P. Chandrasekhar and Jayati Ghosh Just before the Global Financial Crisis more than a decade ago, China had emerged
Tejvan Pettinger Household saving is defined as income that is not consumed. Savings can be kept in cash form, saved
The fundamental economic problem is a scarcity of resources. Definition of efficiency Efficiency is concerned with the optimal production and
Definition of fiscal policy. Fiscal policy involves the government changing the levels of taxation and government spending in order to influence
Tejvan Pettinger Readers Question: What did Keynes mean by ‘In the Long Run we are all dead’ – From ‘In