Keynes’ unwanted children: Chan Akya
There is an awful irony when one evaluates the consequences of all the Keynesian[1] actions since 2001; unfortunately matters of good taste and this publication’s writing standards disallow the use of...
View ArticleShooting at falling objects — Chan Akya
Coming out of an extremely busy summer due to market volatility – more on that later – I have been generally tracking world events on these pages; with my fellow contributors and columnists doing a...
View ArticleGroundhog day for Quantitative Easing
“Insanity is … doing the same thing over and over again, and expecting different results” A quote usually attributed to Albert Einstein, but likely much older There comes a point when someone acts so...
View ArticleFear, loathing and liquidity in the financial markets: Akya
“To prove that Wall Street is an early omen of movements still to come in GNP, commentators quote economic studies alleging that market downturns predicted four out of the last five recessions. That is...
View ArticleA Millennial conundrum: Communism and youth
“If you’re not a liberal when you’re 25, you have no heart. If you’re not conservative by the time you’re 35, you have no brain” … a popular quote usually misattributed to Winston Churchill Something...
View ArticleBangladesh hacker heist vs. the perfect crimes of Asian central banks
“..they’d swallow a big lie and choke on a little fib” from the Terry Pratchett novel ‘Maskerade’ *All references to “Asia” in this article pertain to the geographic mass viz. Far East Asian countries,...
View ArticleLeicester City in the financial world
The fairytale elevation of Leicester City to championship of Premier League will hopefully ring implications far and wide; from FIFA to financial sponsors and of course people gambling on unknowable...
View ArticleRate of Return is all that matters
In an interview with the Financial Times, Raghuram Rajan, governor of the Reserve Bank of India, warns governments not to rely too much on fiscal stimulus through cutting taxes or increasing public...
View ArticleBrexit: Why the UK could vote Leave, but shouldn’t
A month ahead of the so-called Brexit (Britain to Exit the EU) referendum, pretty much every reasonable opinion poll appears to find in favor of Remain over Leave; so much so that if this were any...
View ArticleG7’s political battle is all about deflation
Surging support for UK’s Leave campaign sits in the same end of the political spectrum as support for protest movements such as the Five Star in Italy and gains for the far right in France, Germany and...
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