Keynesian economics is a scourge to any nation that tries it, and African countries are no exception.
An economy starved of savings has little resilience to any shock. It will be, moreover, a great advantage of the order of events which I am advocating, that the euthanasia of the rentier, of the functionless investor, will be nothing sudden, merely a gradual but prolonged continuance of what we have seen recently in Great …
With over $12 trillion in negative-yielding debt and the yield on the ten-year Treasury bond falling below 1 percent for the first time, the days in which people could reliably count on a steady stream of income from their assets seem to be a thing of the past. And although most people would have a hard time …
Keynesian economics is a scourge to any nation that tries it, and African countries are no exception.
