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Why monetary policy prudence is a virtue

The upcoming monetary policy announcement on September 12th comes at a time when headline inflation has dropped to single digits for the first time in nearly three years. With the…

Look to science

Like the rest of the world, the Covid-19 pandemic is slowly unfolding in Pakistan. If we go by the available data, the Covid curve is headed relentlessly upwards. This means…

Atlas bolted

THE key quality of a great storyteller is his or her ability to have the reader rooting for a character that the latter despises in real life. As an example,…

Science of things

Apparently, according to the laws of physics, inventing a time machine is impossible because it violates something called a casualty law; there goes my plans of making a fortune vis-à-vis…

Plumbers Vs Astrologists

Plumbers vs astrologists

Macroeconomists are the powerbrokers of economics. A successful macroeconomist usually is a person transforming simple economics into complicated mathematical models; working on structural reduced form equations; estimating coefficients and betas…

Armchair Research

Armchair research

Exports are down, the growth of large-scale manufacturing (LSM) has slowed and credit to the private sector has declined during this financial year. We, the armchair economists, are trying to…

Do We Need Another Keynes?

Do we need another Keynes?

The August 30 edition of this newspaper contained an article by Dr Asad Zaman, in which he sheds light on the ideas of Adam Smith, Keynes and the financial crisis.…

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