Stagflation, Volcker Shock – is this a real threat now?
Volcker's shock can only be explained by going back to the 70s. The period of stagflation influenced the actions of politicians and central banks throughout the capitalist world. Until the 70s, economists believed that [...]
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June 7 2021
The poverty index - what it is and what it informs us of
There are many indicators that try to measure the level of economic development or wealth of societies. One of the less known is the Poverty Index, which tries to measure how strong the effect of economic hardship is [...]
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