Other Alpha Sources

1. Variant Perception’s blog is up and running and while I realise there has been little or no macroeconomic analysis here for a while, there is plenty of top notch analysis over at VP’s blog. The three latest entries take a look at inflation in the UK, the divergence between Spain and Italy in sticking . . . → Read More: Other Alpha Sources

Envisioning future scenarios for India and China

Suppose we go back to 1870 and think of four interesting and promising countries.

Britain was the incumbent, the pioneer of the industrial revolution, home of Newton and Darwin, with a head start on building institutions, with sound economic policy and deep integration with a global empire.

Germany, the rising power of Europe, rapidly . . . → Read More: Envisioning future scenarios for India and China

UK Economy Under the Labour Party

Daily Telepgraph collected a few interesting graphs (link) depicting the UK economic performance and discussing the economic legacy of the Labour Party.

Whoops, No Recovery in the UK It Seems …

… at least not yet that is. Let us see how the rest in Europe will fare.

(From Bloomberg)

U.K. gross domestic product unexpectedly dropped in the third quarter as enduring slumps in services, manufacturing and construction kept the economy mired in its longest recession on record.

Gross domestic product dropped 0.4 percent from . . . → Read More: Whoops, No Recovery in the UK It Seems …

Interesting Readings

Ila Patnaik on the claims that the world now has something to learn from RBI on how to do financial regulation. Jason Zweig in Wall Street Journal on data mining bias. I always find it amusing that to the computer software industry, the phrase `data mining’ is not a loaded phrase. Footage about . . . → Read More: Interesting Readings

Does Unconventional Monetary Policy and Unusual Fiscal Policy Presage an Upsurge in Inflation?

Unconventional monetary policy

Central banks worldwide have gone into `unconventional monetary policy’ owing to policy rates having hit the zero interest rate bound, and owing to the difficulties in finance which have impeded the monetary policy transmission. This has involved dramatic increases in money supply, purchases by central banks of government bonds and corporate . . . → Read More: Does Unconventional Monetary Policy and Unusual Fiscal Policy Presage an Upsurge in Inflation?

Terrorism in the UK: Exploited.

The government’s anti-terrorism ardour was endorsed again last week, as Section 76 of the new Counter Terrorism Act came into force on the 15th February. Section 76 in itself, seems to highlight the laudable extremes the government are willing to go to to ensure our safety. Although I understand that the government need something . . . → Read More: Terrorism in the UK: Exploited.

The Unclear Impact of EU Migrants to the UK

When Eastern European countries joined the EU in 2004 and 2007, concerns were raised about a possible flood of migration to the UK, a country already experiencing record immigration levels. According to some media reports, not only would the British labor market be overrun by low-skilled East European workers but the widening of the . . . → Read More: The Unclear Impact of EU Migrants to the UK