economic growth - Page 2

Welcome to the Risk of an Inflation Shock

The news is full of stories about deflation and negative interest rates, but take away the $80 a barrel decline in oil prices since March 2014, and the inflation trend appears to have popped up to more than 2 percent.

The Associated Press

Fear the Low-Productivity Economy of the Future

In fact, one of the worst things about politicized economics is the false promise that politicians know what the ideal economy looks like, never mind having solid plans for getting there. Is the ideal economy one in which everyone’s basic needs are covered? Welcome to the endless grey fog of the collectivist welfare or communist state, which always proves unsustainable and fails to deliver on those promises anyway.

AP Photo/Paul Sakuma

U.S. Natural Gas Price Collapsing after EPA Says Fracking Safe

The global shock from the release of the U.S. Environmental Protection Agency (EPA) long-postponed draft report stating that hydraulic fracturing (fracking) has not had a “widespread, systemic impact on drinking waste” caused “cheap” natural gas prices to collapse another 16 percent.

JAE C. HONGAP