Eric Zuesse
The IMF now predicts that China next year will have the highest rate of economic growth since 2011, which was the last time when China’s GDP growth-rate exceeded 9% (at 9.6%). China’s growth-rate had averaged around 9% between 1978 and 2011, then slid to around 6.5%. If the IMF is correct, then 2021 will be the first time in a decade that the country’s GDP growth-rate is restored to its former long-time norm.
Increasingly loathed Democratic Party bosses like Schumer, Wasserman Schultz, Hoyer, Emanuel, Van Hollen, Israel can't understand why Bernie is doing so well. They want to stop him, of course, but, according the a report from Lauren French and John Bresnahan, they also want to emulate... something.
I was happy for the U.K. last week when I read that the newly elected leader of the Labour Party, Jeremy Corbyn, had selected two of the world's most brilliant economists as advisers, Thomas Piketty and Joseph Stiglitz.
From the October 7, 2013 Economic Policy Journal article, Is Bitcoin Money: What Economists Have To Say, Tom Woods said: “Tom Woods: Bitcoin is a medium of exchange but not money. This isn’t an insult to or a value judgment about Bitcoin. Austrians sometimes describe money as the most widely accepted medium of exchange in […]
