Opinion Articles
Boomerang!
The manner in which the policies of the US central bank (Fed) have decimated the global economy over the past year is not just evident from
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May 3, 2023
Economy
Reports
Central Bank Independence: Reformation or Deformation?
In recent months, debates on Central Bank Independence (CBI) have arisen in Pakistan following the Federal Cabinet’s approval of amendments in the State Bank of Pakistan (SBP) Act
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March 2, 2022
Opinion Articles
The Big Bazooka
In the past few years, Pakistan has also faced the brunt of an IMF “bazooka” in a terrible manner. An Extended Fund Facility (EFF) for a paltry $6 billion dollars in 2019
May 3, 2021
Opinion Articles
The Traps of Antiquity
As tensions between the United States and China have simmered in recent years, scholars and strategists have sought to frame the contemporary rivalry between both powers in a wider historical context. The
January 29, 2021
Opinion Articles
The Color Line
The convulsions of the year 2020 roiled the United States in at least two important ways: (1) they re-opened the gaping wound of racial inequities in an already divided society, and (2)
January 7, 2021
Opinion Articles
On Central Bank Independence
The notion of central bank independence (CBI) is both sensitive and complex, driven not just by a local economic context but by larger international “conventional wisdom” on what monetary authorities should do.
January 4, 2021
Opinion Articles
The Bread and the Circus
At the apogee of their empire, it was argued that the Romans adhered to a simple point objective in governance: the bread and the circus. Panem et Circenses, as the poet Juvenal
July 27, 2020
Opinion Articles
The Parallel Universe of Stock Markets
It came as something of a shock that the S&P 500 index, a supposed bellwether of the American economy, attained a level on June 8th 2020 that was so high it effectively
June 14, 2020
Opinion Articles
The Great Aerospace Crisis
Observers of the coronavirus (Covid-19) pandemic have already ascribed many monikers to the economic crisis that has sprung in the contagion’s wake. While each speaks to the destruction and paralysis that the
May 3, 2020
Opinion Articles
Corona-Capitalism
As the economist David Graeber illustrated in his magisterial work Debt: the First 5000 Years, there is an inextricable link between the human experience of plagues and disease on one hand, and
March 28, 2020
