Economic growth vs economic development

19th July 2019

Economic growth vs economic development #PublicPolicySeries  Many people use interchangeably the terms economic growth and economic development. These are not synonyms and as a result, let me attempt to differentiate between the two.  Economic growth focuses largely on growth of Gross Domestic Product (GDP) whereas economic development focuses reducing inequality, unemployment and poverty.  The diagram […]

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How banks promote Inequality 

1st September 2018

How banks promote Inequality  The rich have deep roots with banks and own real estates and other assets which they use as security for loans. This is not available to the poor section of our community. This is the same situation with large companies which are well established. It is easy for them to raise […]

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Who is a neo-liberal?

22nd October 2017

Who is a Neo-liberal? “A neo-liberal is a person who is against the poor or an apologist for ‘the rich’.” – Quote from Mises Wire Neo-liberals promote economic policies which lead to higher income inequality. Follow us on Twitter @kerosiT Sharing is Caring:0

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