Mostrando postagens com marcador THE ECONOMIST. Mostrar todas as postagens
Mostrando postagens com marcador THE ECONOMIST. Mostrar todas as postagens

quinta-feira, 23 de julho de 2020

The Economist: Free money: When government spending knows no limits.



Our cover this week is about the profound shift taking place in economics as a result of the covid-19 pandemic. Much as in the 1970s when clubby Keynesianism gave way to Milton Friedman’s austere monetarism, and in the 1990s when central banks were given their independence, so the coronavirus marks a new paradigm. It is characterised by government borrowing, money-printing and intervention in capital markets—all underpinned by low inflation. Each era of economics confronts a new challenge. After the 1930s the task was to prevent depressions. In the 1970s and early 1980s the holy grail was to end stagflation. Today policymakers must create a framework that allows the business cycle to be managed and financial crises to be fought without a politicised takeover of the economy.

quinta-feira, 2 de julho de 2020

The Economist: Retro or radical? Jul 4th 2020.

https://www.economist.com/weeklyedition/2020-07-04

Our cover this week argues that Joe Biden’s instinctive caution could be what makes real change possible for America. Our election model gives Donald Trump roughly a 10% chance of winning a second term. Mr Biden is up in the polls by an average of nine points. He is doing well in battleground states like Florida, Michigan and Wisconsin. The virus has demonstrated something to a large number of persuadable voters: that Mr Trump is just not that good at being president. There is a long time until November. Even so, Mr Trump’s difficulties have made a Democratic Senate majority possible. Before covid-19 and widespread social unrest, Mr Biden’s candidacy was about restoration: the idea that he could return America and the world to the prelapsarian days of 2016. Instead he now faces a paradox, which he must not misread. By cleaving to the centre he might win big enough to get something done.

quinta-feira, 21 de maio de 2020

The Economist: The covid and climate crises are connected.

https://www.economist.com/printedition/2020-05-23


Our cover this week calls for a global effort to tackle climate change. Covid-19 creates a unique chance to steer the economy away from carbon at a much lower financial, social and political cost than before. Rock-bottom energy prices make it easier to cut subsidies for fossil fuels and to introduce a tax on carbon. The revenues from that tax can help repair battered government finances. The businesses at the heart of the fossil-fuel economy—oil and gas firms, steel producers, carmakers—are already going through the agony of shrinking their long-term capacity and employment. Getting economies back on their feet calls for investment in climate-friendly infrastructure that boosts growth and creates new jobs. Low interest rates make the bill smaller than ever. The world should seize the moment.

A importância de debater o PIB nas eleições 2022.

Desde o início deste 2022 percebemos um ano complicado tanto na área econômica como na política. Temos um ano com eleições para presidente, ...