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Too much Fed liquidity has led to a whack-a-mole world of problems

SVB’s implosion highlights the destabilising impact of quantitative easing

logo.png  By NB  Apr 25, 2023

What Mystic Meg can teach economists about forecasting

Economist Ezra Solomon once quipped that “the only function of economic forecasting is to make astrology look respectable”. I’m not sure if the astrologer “Mystic Meg” was ever respectable, but she was certainly much loved. “Britain’s most famous astrolog

logo.png  By NB  Apr 21, 2023

Beijing’s rise leaves Paris Club of creditors struggling to find forum

Breaking the debt deadlock will require China to adopt a more collegial approach

logo.png  By NB  Apr 19, 2023

Cautionary Tales – the true scandal of Lydia E. Pinkham’s vegetable compound

It could cure almost any ‘female ailment’ – even cancer – said the adverts. But Lydia E. Pinkham’s Vegetable Compound was, in fact, just a concoction of herbs and alcohol of no proven medicinal merit. That didn’t stop despera

logo.png  By NB  Apr 15, 2023