Consumerism Back on Track?

July 20, 2016 The Radical Economist 0

The American consumer spending should result in increased economic growth during the second quarter of 2016. Consumers are the engine of US economy. Most businesses in the US feel the effect whenever a consumer changes […]

Let It Be Weak

July 14, 2016 The Radical Economist 0

Global markets witnessed Nigeria announce its second announcement of devaluation of currency since 2015. In 2014-2015, the devalued Naira was at 198 per USD. While the picture painted by Emefiele was nothing short of ‘rosy’, Nigerian foreign exchange […]

The Path to a Self-Fulfilling Economy

June 6, 2016 Keerti Mallela 0

A self-fulfilling economy is a fairly basic concept in economics. Demand generates production- which generates employment and therefore wages – and wages generate consumption – which again generates demand. Lets keep this aside for a […]

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