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Zhiying Studio, Nanyang Brothers Tobacco Co. c. 1930. [Image: collection of Marc H. Choko/courtesy Poster House] In the mid-19th century, China’s economy was gasping for air; Britain, dependent ...
The most prominent serious economic case against using stimulus to fight the economic crisis — the Reinhart-Rogoff 90 Percent Threshold of Death — has collapsed ignominiously, leaving true ...
Held up as a beacon of successful austerity policies in the wake of the 2008 crisis, Latvia’s economy has only just recovered to the size it was a decade ago. Preliminary fourth-quarter data ...