Why so bullish?
June 10, 2017 / Paola Najar
According to a YouGov survey conducted last month, the majority of Americans are dissatisfied with the Trump administration’s achievements, or rather, the lack of it. Market participants had an exuberant response to his expected fiscal policy (Trump trade). This bullish environment had been nourished by Mr. Trump’s announcement of a $1tn infrastructure plan, a reform of […]
History of Economic Thought (Universal Basic Income, EMU, and industries)
June 7, 2017 / Taluer Canli
To first discuss universal basic income, one needs to define four different terms, namely Economics, Capitalism, Socialism, and Philanthropy. Economics is the science that deals with the production, distribution, and consumption of goods and services, or the material welfare of humankind. It deals with the allocation of scarce resources in an efficient manner. Capitalism can […]