Friday, 22 September 2017

Monthly Archives July 2010

“Fed’s Fisher sees slower U.S. Growth Ahead”

Posted by Tom Duncan
July 6, 2010
in Blog

“In the second half of 2010, the U.S. will experience “slower economic growth than we’ve had in the first and second quarter,” Fisher told the Japanese business daily Nikkei. He estimated U.S. growth of 2%-3%, saying that the figure will likely come “closer to the low end of that range.” Fisher is not a voting […]

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Lessons Unlearned

Posted by Tom Duncan
July 2, 2010
in Blog

On Wednesday, I posted a link to F.A. Hayek’s “The Use of Knowledge in Society”. Like Leonard Read’s “I, Pencil”, Hayek’s knowledge paper explains why it is impossible for an economy to be centrally planned. I have mentioned this idea in earlier posts, but it is always worth mentioning again as the lessons learned never […]

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“China’s Wen Says Economy Heading in Right Direction”

Posted by Tom Duncan
July 1, 2010
in Blog

“China’s government said the world’s third-biggest economy is heading in the right direction and business people and economists expect “relatively fast” growth to continue. Premier Wen Jiabao said the nation will “further cement and develop the positive economic trend,” in a statement posted on the government’s website today. He pledged both continuity and flexibility in […]

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