Articles by The Corner


Is Russia fishing in troubled Catalan waters?

Is Russia Fishing In Troubled Catalan Waters?

For the moment, Russia considers what’s happening in Catalonia as an internal issue and the country’s television channels are focusing on the violence in the region, without getting to the political issue itself. For the time being. Except if the problem stops being a domestic one and – for whatever reason- becomes an international one.






UK monetary policy

UK Monetary Policy Is Too Tight: Easing Required

James Alexander | Not quite the line you will see across most of the market or amongst so-called monetarist economists. In fact, implied by actual nominal growth and expectations for nominal growth monetary policy is too tight. Nominal GDP growth is running at 3.7% YoY and falling, while the best measure of inflation around, the implied GDP deflator is running just below 2%.