Like the four pillars in Reaganomics
, Abenomics is based on three arrows which are: a) monetary easing b) fiscal stimulus and c) structural reforms.
To understand the past, let's begin with Reaganomics
However, charged commentary on political actions, such as the Iraq war and Reaganomics
, limit the likelihood that it will draw the unconverted across the aisle.
In the era of Thatcherism and Reaganomics
, the United Nations reached a pinnacle in human teamwork by adopting the Montreal Protocol, gradually banning the production of chlorofluorocarbons (CFCs).
Even then, I had indicated that it can't be likened to 'Reaganomics
' of the 1980s, which was defined by a distinct economic philosophy known at the time as 'supply side economics.' It was a direct challenge then to the orthodoxy of traditional demand-side economics associated with John Maynard Keynes (hence 'Keynesian' economics).
He refers to the five "pillars of Reaganomics
": sound money, low taxes, spare regulation, minimal spending, and free trade.
And if this was not enough, the 1980s brought "Reaganomics
" and economic policies that definitely pushed the middle class to either join the elites or popular groups in a context of economic crisis.
The heady days of runaway inflation, a deep recession, the rise of the Yuppie, Reaganomics
, the emergence of cable TV, the fall of the Berlin Wall, boom boxes, junk bonds and the Rubik's Cube--so much for the good old days.
What was Reaganomics
? How many states recognize same-sex marriages?--and so much more!
It is often compared with Reaganomics
in the US, Rogernomics in New Zealand and Economic Rationalism in Australia.
Suelo leer cada vez con mas atencion, en el diario porteno Pagina/12, los atinados y justos enfoques con que Monica Peralta Ramos suele pedimos sabiamente que, en puntuales momentos de dificiles circunstancias economico-sociales, los argentinos tengamos claro el panorama completo: el hecho historico, fundacional de la consolidacion creciente del poder y la riqueza en nuestro pais que, en las ultimas decadas del siglo pasado culmino (despues del Rodrigazo, Martinez de Hoz y la no menos siniestra dupla Menem-Cavallo, paradigmas de la letal reaganomics
) concretando una concentracion al maximo de los resortes clave de nuestra economia en muy pocas manos, por lo general multinacionales.
The new-centre right coalition in Oslo will use its vast offshore petrocurrency/fiscal surplus to cut wealth taxes to stimulate growth, a form of supply side Viking Reaganomics
. This could be the catalyst for an epic money making rally in the Norwegian kroner.