The principle of effective demand below basically tells us why inflation will not fall to single digits in many developing countries. Y = C + I...
Sometimes knowing what not to do rather than trying to find out "what to do" makes a remedy stronger. Since fuelling the economy, on the...
Today, discount chain stores and national supermarket chains, having replaced small shops, greengrocers, butchers, sellers of dried nuts and fruits and even bakeries, have become...
It was the 1970’s. People would swim on Yeniköy’s coast in Istanbul, relax by the clear blue waters of the Marmara Sea. I remember I...
"Correct analysis requires correct information." Countless times I have said this fact in this column. To people who think that things happen for no reason,...
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