May 1, 2023Sweden
While social welfare is integral to Nordic capitalism, Scandinavian countries are still market economies that had strong economic growth through the twentieth century and currently enjoy some of the …
October 17, 2022China
Chinese President Xi Jinping has gone much further than analysts had predicted he would in state control of the private sector in China and departure from a consensus based authoritarian system to on…
May 26, 2022United States
High inflation during the 1950s shared many similarities to today’s rising prices, including a supply crunch due to a national emergency.
January 7, 2022Monetary Policy
Higher inflation has led to calls for price controls and a reexamination of the relationship between inflation and employment. History offers some helpful lessons.