Economics' Quotes


AN INSIGHT INTO THE DECISION OF THE SOMALI GOVERNMENT TO PRINT NEW MONEY

Recent news reports suggest that over the last few months the value of the US Dollar has been declining and by extension the value of the Somali Shilling has been increasing.  In response, both the Minister of Finance and the Vice Minister of Finance announced that the federal government will take action to address this problem by printing new currency.Read the Rest…


The New Governor of the Central Bank of Somalia’s Nearly Impossible Mission

On January 16, 2013, the new President of Somalia appointed Mr Abdisalam Omer as the Governor of the Central Bank of Somalia (CBS).  From what I read, Mr. Omer is a highly qualified individual with the necessary experience and qualifications to do this job. May be I am biased, but anyone with a PhD. in Economics is in my goodRead the Rest…


The dominant economic approach of the last thirty years is now on its last legs. Letting the market rip and an indifference to inequality are now seen as important causes of the greatest economic crash since the 1930s.