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The dangers of short term thinking- Part A
Dickson Igwe
Post the Disasters of September 2017, the Virgin Islands requires long term thinking. The country must establish a long term economic planning model. In other words, a long term vision for these islands must be written in granite.
The Deflation Beast
Dickson Igwe
Austerity is an option in long term economic planning. However, history has given austerity a “bad rap.” Austerity ideas present solutions for a long term economic plan for the [British] Virgin Islands.
The road from Soup Kitchen to El Dorado
Dickson Igwe
Understanding the road to and from recession is critical for a Virgin Islands that must recover from three major natural disasters that beset the country in September 2017. Economics holds the solutions to a full recovery.
The Austerity Club
By Dickson Igwe
The floods and hurricanes of September 2017 were the worst disaster to visit the Virgin Islands since the 1800s. September 2017 was a crossroad for the Virgin Islands: an inflection point, and a time of great change.
The Post Disaster Economic defibrillator
Dickson Igwe
The following story is part of a series of narratives: “A STORY OF DISASTER: HURRICANE IRMA AND THE VIRGIN ISLANDS.” The proceeding narrative is on the economics of disaster. It is narrated from a layman’s perspective.
Defeating the Deflation Beast
DICKSON IGWE
The return of John Maynard Keynes to the global economic conversation after his intervention in the 2008 financial recession is highlighted in the fact that Global deflation is a powerful and destructive beast. It is a monster that remains untamed. However, it is a monster that is proving the indestructibility of Keynesian ideas and his consumer driven economics model.
The Revolution has begun!
Dickson Igwe
Social revolutions are never easily detected when they start. It is nearly impossible to know when they begin. Revolutions develop over time. Revolutions have a cause. Cause leads to effect. And it is only when a critical mass of popular resentment is reached within a society that it becomes obvious that trouble is ahead. Then comes the eruption: the French, Bolshevik, and Cuban Revolutions remain classic examples of violent revolution.
The trouble with economics
By Dickson Igwe
Economics is a potent tool for the creation, formulation, and execution of social, commercial, and public policy. However, the trouble with economics is that it is subjective. It is colored by the values and opinions, even the cultures, of the economists who make the critical assertions that impact the well being and direction of whole societies, nations, and regions. Consequently, errors of judgment are made. These errors can be catastrophic.
Mrs Economical: the great housewife
By Dickson Igwe
The subject called economics appears extremely useful to individuals, families and communities. The right type of economic thinking is central to the stability and prosperity of societies, countries and regions. Why is economics at the centre of national and global policymaking? Why are matters of economics so pervasive in the global media narrative? The following story attempts to answer why economics appears so universally relevant.
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