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Anyone who believes exponential growth can go on forever in a finite world is either a madman or an economist.

Kenneth Boulding
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updated Thu. June 29, 2017

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"The forces that have sustained eight years of progress, such as low interest rates and improvements in labor markets, will continue into the next year," said EAC Chairman Christopher Probyn, managing director and chief economist at State Street Global ...
President Donald Trump has offered a simple explanation for his wealthy Cabinet choices: rich people know how to manage money better than poor people do.
A recent survey found that Chinese Economists are optimistic about the country's economic future. They predict China's economic growth for this year at 6.6 percent, which would mean China's economic aggregate needs only until 2034 to catch up with that ...
ABSA Agricultural Economist Concie Moraba said, "consumer-wise, white maize production is very good for the consumer, because South Africans like to consume white maize.
Should inflation be added to the list of things disrupted by tech? For years, we've accepted the integrity of the idea of the Phillips curve: that as unemployment declines, wages rise and companies pass along those increased labor costs in the form of ...
Germany's Ifo economic institute today hiked its forecasts for the country's economy, which it described as "strong and stable".
With the rollout of the goods and services tax (GST) by the PDP-BJP coalition government in doubt, huge "economic chaos" loom large if the single tax regime ...
Housing starts slipped to an eight-month low, and experts are beginning to worry about the lack of new homes on the market.
The Bangko Sentral ng Pilipinas is widely expected to leave interest rates steady on Thursday, a Reuters poll showed, but pressures on inflation are likely to ...
Britain's negotiations to leave the EU could be thrown off track by domestic difficulties as Economists fear the government could fall apart because of a lack of MPs.
Tenreyro - who has British, Italian and Argentine citizenships, according to her resume on the LSE website - was one of 280 Economists who signed a public letter which said it would be a "major mistake" for Britain to leave the EU in the run-up to last ...
Construction output in the Euro area edged higher in April despite weakness in civil engineering. Total production increased by 0.3% month-on-month, according to Eurostat, and was ahead by 3.2% year-on-year.
Steve Breen's ingenious cartoon "Minimum wage jobs" (June 13) suggests as fact that the higher the wages, the more minimum wage jobs shrink.
DENVER - Home shoppers aren't likely to find relief from rising prices anytime soon, according to several national housing Economists who spoke Friday at a real-estate conference. In delivering annual forecasts to the National Association of Real ...
In a research note published on Thursday by China International capital corporation (CICC), the bank's Economists, led by Liang Hong, wrote that the fixed-asset investment (FAI) data compiled by the National Bureau of Statistics and local governments ...
The gap between rich and poor across the globe is even wider than we currently think, according to a new analysis. Official estimates of inequality only take into account the money that the tax man sees, according to a recent paper by Economists ...
The latest report from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau showed housing starts sank to an eight-month low.
As the din on the fourth interest rate hike in the current normalization cycle settles down, the focus shifts to whether the Federal Reserve will have a change of guard at the helm when the incumbent Janet Yellen completes her term on February 3, 2018.
Which brings us to the recently released book Unlikely Partners: Chinese Reformers, Western Economists, and the Making of Modern China, by Julian Gewirtz.
The Federal Reserve's balance sheet ballooned to around $4.5 trillion following three rounds of quantitative easing. Economists have pulled forward their expectations of when the Federal Reserve will begin to wind down their balance sheet in the wake ...
In all three cases, the Economists were overwhelmingly on the side of competition. "Competition is always good for consumers, so they clearly gain," writes Nicholas Bloom of Stanford in agreeing that Uber should be allowed to operate without restrictions.
Singapore - Economists raised their forecasts for Singapore's growth this year, compared to three months ago, as they upgraded their views on manufacturing and bank lending, a central bank survey showed on Wednesday.
As Trump was preparing to pull the United States out of its international climate commitments, some of the world's leading Economists issued a report that puts a figure to the price on carbon needed to reduce emissions to rein in climate change and ...
A coalition of Economists released a letter Friday urging the Fed to change the criteria it uses to make decisions. Specifically, the group, called "Fed Up," is advocating for a higher inflation rate target than the current 2 percent level.
It tightened regulations around the overseas rupee-denominated or masala bonds. It also relaxed provisioning norms for banks giving home loans to push housing credit.
According to Economists, one major factor was that Brownback's plan eliminated taxes on owner-operated businesses, known as pass-throughs.
We think the RBI will wait and watch how the inflation trajectory develops," Rishi Shah, Economist, Deloitte India, told ANI.
According to a national survey of business Economists, the Trump administration's plans to overhaul the tax system and spend big on infrastructure would boost the U.S.
Most Economists keep expecting the curve to kick in soon. While waiting, they dig into the numbers for each affected nation.
WEST LAFAYETTE - More than 225 leading Economists and policy makers, including representatives from the World Trade Organization, various United Nations and government offices and other leading international institutions and universities, are ...
Top Massachusetts Economists are warning that sluggish tax revenue growth means policy makers will have to chop as much as a billion dollars out of next year's budget - cuts that could squeeze programs for the poor and the sick and increase calls for ...
PETALING JAYA: The shunning of Qatar by four Arab countries is unlikely to contribute to volatility in the ringgit or have an impact on Malaysia's economy directly in the short term, but the global economy could be adversely impacted by the surprise ...
PUNE: While Economists have supported the idea of generating funds for the civic body via municipal bonds, they have cautioned the Pune Municipal corporation (PMC) against high interest rates.
There was more evidence today that tomorrow's national economic growth figures could be quite sobering. A number of Economists are now forecasting the economy went backwards in the first quarter of the year. The Reserve Bank doesn't need to be overly ...
With the Reserve Bank of India (RBI) announcing its second bi-monthly monetary policy review today, the Economists have said that there would be no change to interest rates, adding that the apex body would adopt a wait and watch policy to see how ...
Economists forecast GDP growth will rise 3.1 per cent in the April-June period and 2.5 per cent in the second half of the year.
Exports in May were likely up 7% from a year earlier, slowing from April's 8%, the survey of Economists showed. Growth in imports likely also slowed, to 8.3% from near 12%, widening the trade surplus to an expected $47.8 billion in May, from $38.05 ...
(Agencia CMA Latam) Economists increased their forecast for the annual economic growth rate expected in the second quarter, from 1.3% to 1.4%, but revised down their estimates for GDP expansion in 2017 from 2.7% to 2.6%, according to the most recent ...
The RBI, in its second bi-monthly monetary policy review to be announced tomorrow (June 7), is likely to keep rates unchanged, according to most Economists. Rating agency CARE's Chief Economist Madan Sabnavis said in a report that he expects a 25 ...
South Africa plunged into its second recession in eight years in the first three months of the year, even before a political crisis in the ruling African National Congress triggered rating cuts to junk status.
China's leadership is unlikely to push a deleveraging campaign to the point that it could derail a nascent global recovery, say Economists from Morgan Stanley, Mizuho Securities and Oxford economics, reports Bloomberg. "Some in global markets are ...
However, some Economists and realtors say the impact of the measures, which include a 15 per cent tax on foreign buyers in the rapidly growing Greater Golden Horseshoe region, could be short-lived.
Economists find improved electricity storage leads to innovation, efficiency. June 5, 2017. electricity. Credit: CC0 Public Domain.
The Trump administration's plans to overhaul the tax system and spend big on infrastructure would give the U.S. economy a boost - but the measures aren't likely to happen this year, according to a national survey of business Economists. Roughly 4 in 5 ...
An ideologically diverse group of 44 Economists on Monday expressed support for President Trump's pick to head up the White House's Council of Economic Advisers.
The U.S. is likely to fall short of the Trump administration's goal of revving up economic growth this year to at least 3 percent, according to a survey of business Economists. Forecasts for U.S. economic growth are coming in slightly lower after a ...
Noted Economists on Sunday said the proposed budget for fiscal year 2017-18 is non-implementable, non-transparent and anti-people.
Now these Economists are among 125 others calling on Britons to vote Corbyn. The experts point out that the Labour leader's investment-based plan will stimulate the economy, while there is "no future" in a Conservative "race to the bottom".
SYDNEY, June 5 (Xinhua) -- Australia has posted strong company profit results for the first quarter of 2017, with gross profits rising by 6 percent, according to data released by the Australian Bureau of Statistics (ABS).
Lee-Heng-Guie PETALING JAYA: Economists say Malaysia must push harder to raise productivity in order to realise its goal of becoming a high-income nation.


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