Archive for December 2017

  To assess the impact of the Trump tax cut on the US economy it is necessary to analyse the interrelation of two processes: The determinants of US economic growth in the medium/long term, The short-term position of the US economy in the current business cycle Analysing these factors, the impact of the Trump tax…

  ​In a recent article ’The Arrival of the Century of Chinese Economics’ Justin Yifu Lin argued that the centre of world theoretical economics would pass to China: ‘I also made a prediction… in the 21st century it is quite possible that many master economists will emerge through the study of China’s economy….   ‘The importance of…