Page 25 - Robert Solow News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Soaring prices. Social unrest. A resurgent Russia. A military withdrawal followed by the collapse of a pro-American regime in Asia. A feckless and unpopular Democratic president. Today’s parallels to the 1970s are obvious, ominous, and oft-observed. But we’re not quite there yet — and it isn’t just because skinny jeans continue to outsell bell bottoms. If America were truly in the throes of stagflation today, Joe Biden and his party would be in far worse political trouble than they already are.

Economic growth of countries needs many ingredients. Getting the recipe just right is important.

Finance Minister A H M Mustafa Kamal FCA, MP placed his fourth national budget in parliament on June 9, proposing reducing the tax burden on businesses significantly. The proposed base income tax rate is 27.5 per cent, a reduction by 2.5 percentage points from the current 30 per cent.  

Do we need to produce more of our own advanced technologies?

Economists think like a timepiece when it comes to the macroeconomy, the short run, and the long run. The short-run has consumed our attention through inflation and the stock market. The long-run is affected by living standards, and labor productivity. Joe Santos explains.