Macroeconomics causality in Pakistan
Pakistan's wizards keep on toting figures in macroeconomic terms that have no meaning for the a) general public and b) for the economy as such. The common man is not…
The irrelevance of macroeconomics
I have been talking about the irrelevance of the western models of economics and finally Pakistan has been made to understand that the western economic system has missing links that…
The irrelevance of macroeconomics
I have been talking about the irrelevance of the western models of economics and finally Pakistan has been made to understand that the western economic system has missing links that…
World economy faces more pain in 2023 after a gloomy year
This was supposed to be the comeback year for the world economy following the Covid pandemic. Instead, 2022 was marked by a new war, record inflation and climate-linked disasters. It…
Wall Street eyes chance of divided Washington after midterms
With polls suggesting Republicans will retake at least one congressional chamber in next week’s US elections, Wall Street is feeling hopeful about a likely return of a divided Washington. A…
Putting people first
Chinese leader Deng Xiaoping in an interview with a US journalist had once referred to the cultural revolution of the 1970s as a “treasure” for the nation. Why? Because of…
Britain’s new vision leaves onlookers with nightmares
Britain’s new economic agenda represents the biggest gamble for growth in a major Western democracy in at least 40 years, for which the chance of success fell instantly as investors…
Cost of living
In a classic example of double jeopardy, consumers in Pakistan are faced with raging inflation and a virtually nonexistent smart price management system that can ensure access of low-income groups…
A scorched earth, now drowning
I have just heard the leaked audio of conversations, allegedly between Shaukat Tarin and the two finance ministers in PTI-run provinces – Mohsin Leghari in Punjab, and Taimur Khan Jhagra…
UK slips towards recession, heaping pressure on next PM to help Aug 21, 2022
Britain’s slide towards a recession has gathered momentum after data this week showed inflation jumping above 10%, wages lagging far behind price growth and consumer confidence sinking to a record…
