Laissez faire
Article Abstract:
The economic analysis of the consequences of the collapse of the Bretton Woods agreement and its indirect relationship to the first oil shock is presented. The golden age of laissez faire with its long and converging decline in world interest rates lasted for 30 years (1867 to 1896) in the UK and it was a good time for the investors in equity markets despite falling prices, prosperous deflation.
Publication Name: The Bulletin with Newsweek
Subject: News, opinion and commentary
ISSN: 1440-7485
Year: 2005
User Contributions:
Comment about this article or add new information about this topic:
Squeeze play
Article Abstract:
The Australian treasury believes that they have a bubble in the housing market and the Reserve Bank is sounding the alarm about dwelling prices. The Reserve Bank of Australia will have to increase interest rates if it wants to get beyond jawboning a market place that is deaf to its previous exhortations.
Publication Name: The Bulletin with Newsweek
Subject: News, opinion and commentary
ISSN: 1440-7485
Year: 2003
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: WTO hails ?engagement? on fair trade. Free-trade talks in jeopardy. Canada the site of preparatory WTO talks in July
- Abstracts: Democracy rules. State of play. Men in tights
- Abstracts: Going for broke. Peter and the wolves
- Abstracts: A nice little turner. Goldfellas
- Abstracts: Ducks of a feather. The long ranger