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Natural sciences in usual circumstances are wonderfully predictable; what goes up must come down. Economists since Leon Walras have promoted the profitable illusion that economics is a natural science. Today, more than ...

Rarely have free trade debaters–on all sides–had better opportunities to wag tongues. The long-standing era of free trade deals that in Canada started with the Canada-US Free Trade Agreement in 1987 (CUSFTA), superseded ...

What is macroeconomics Macroeconomics is the field of economics that deals with aggregated quantities. Microeconomics, for example, might deal with firm level economics, while macroeconomics might deal with aggregate ...

As Krugman might say, “…it’s in the market, stupid.” The most influential economy in the world is poised to raise interest rates, but not because of inflation. Central banks in major parts of the ...

The Bank of International Settlements (BIS) continues to reprimand contemporary central banking culture for easy money fixes it argues feed instability by creating global economic conditions that foster bubbles. As the ...