Unemployment in Iceland
Unemployment in Iceland stands at 7.2% as reported by mbl.is. I wrote about the challenges related to company bankruptcies. What …
Economic Policy
Revolution against Finance
I saw the interview of Steve Keen on Silfur Egils and I am sure if not all many of the Icelandersdid too. …
3 Great Global Challenges
I have been a fan of Thomas L. Friedman since I started reading the New York Times and then his …
Is a bubble forming in Iceland?
This is from the publication of Statistics Iceland on Household Expenditure Survey 2008-2011 – “Average household expenditure is 442 thousand ISK …
Is Icelandic economy really growing?
I have been hearing a lot about how the Icelandic economy is showing signs of GDP growth and the new …
Financial Crisis 2012 – Worse than 2008
Tyler Durden’s Guest post of Zero Hedge is an excellent analysis of all the head winds that is against us …
Increase in taxes = investment or social security benefit?
It is not the most popular thing to say but there it is I have said it. Taxes are not …
Iceland Debt Position – Are we out of the water?
I find it very strange that everyone seems to think that Iceland is out of the water in terms of …
Euro Zone Debt Crisis
I think this picture says a lot about what is being discussed in the main stream media about the Euro …
Structural change of an economy – Iceland
I have been on a road trip in India positioning Iceland as a possible destination for Indian companies to locate …
Tax cuts better than Deficit Financing better than Tax increase!
Well, I have been shouting in Iceland if anyone would listen: Tax Cut is better than Deficit Financing is better …
Eliminate Tax Incentive for Leverage
Image by Renegade98 via Flickr Steve Randy Waldman makes a case for eliminating the tax incentive for corporate and individuals …
Policy implications if we use Power Law distribution
I have been working on my first paper with the title “Can Power Law help us avoid highly improbable tail …
My previous post about ISK
I started writing a blog entry about the ISK on Friday and completed it only today, but while I was …
Icelandic Krona vs US Dollar – A Power Law Distribution
Image via Wikipedia The Icelandic Krona currency exchange index follows the Power Law, it can be seen in the most …
Icelandic Government & Choices before it & some modest suggestions…
I saw a very disturbing development in the news in Iceland, the Government is thinking of cutting cost in schools …
Why do economists get it wrong…
Greg Mankiw is writing about Star Trek economics here and refers to Andrew Leonard‘s post, I read that post and …
A story on a personal credit crisis…
I thought the post by Greg Mankiw was very interesting and an eye opener to all those who are outside …
A new way to look at economics
I am quoting from an article written in FT by Beneoit Mandelbrot and Nassim Nicholas Taleb… ” The traditional Gaussian …
Global Economy – My perspective II
There have been many steps taken to stimulate demand in India and China. IMF projects that India and China will …