The Pope and the market
Contrary to what Pope Francis believes, markets are not about increasing individual profits but about allocating scarce resources.
Contrary to what Pope Francis believes, markets are not about increasing individual profits but about allocating scarce resources.
On the case for economic growth, at the PortfolioConstruction Forum Symposium in Auckland.
Our dangerous spreadsheet culture, new Greek demands, things too small to regulate and advice on putting spin on your life: That was the week that was.
Stock markets used to be more buoyant just before Christmas, but that effect has been in decline in most capital markets – except for New Zealand.
Kenneth Rogoff may be a good economist but he ignores something quite fundamental about the role of money.
We do not need big plans and visions and we do not need government to think on our behalf.
It came as a bit of a surprise when I discovered a new paper written by two, well, economists claiming that economics makes you happy.
Ludwig Erhard’s insistence on the social market economy made West Germany rich after the War.
The older I get, the more I feel at home in the hardly changing world of government-provided services.
In an ideal world, an economic liberal like myself would happily enter a debate supporting the moot that it is financial fundamentals driving investment markets.
© Dr Oliver Hartwich