Economy

Original Phillips Curve Shows No Inflation - Current Conditions Appear Ideal

US-Canada Tariff Dispute Hits Cross-Border Manufacturing. Lumber and Auto Parts Cross Borders Multiple Times; Century-Old US Company Absorbs All Tariff Costs

Hawk-Dove Labels Too Crude – The Dual Mandate Tells the Real Story

One Family, Two Nationalities: Why Has Hong Kong's Post-Pandemic Economy Failed to Rebound?

Tariffs Soared, Inflation Fell: Theory Called It Right

Frequent Downward Revisions Signal Potential Recession — Data Fabrication Poses Greater Threat

Dollar Falls 10% in First Half, Boosting US Exports — But Will it Undermine Dollar's Global Status?

The dollar index broke below the 97 threshold on the final trading day of the second quarter, posting a cumulative decline of 10.7 per cent in the first half — its worst performance since 1973. "

Economic Performance: The Long and Short of It

Is the economy performing well? Corporate failures abound. Is the economy performing poorly? No recession is in evidence. Economics is principally concerned with prices and quantities, and when examining performance, the focus is predominantly on quantities.

Game Theory Perspective on China-US Relations: A Draw is Expected

Game theory represents another principal strand in microeconomic analysis. The preceding US-China tariff conflict lends itself readily to such frameworks given its quantifiable outcomes.

When Everything is Endogenous, Econometrics Breaks Down

Inflation has fallen recently, and the standard explanation is economic weakness. Yet lower inflation should boost demand under basic economic principles, strengthening the economy.