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Letter from Dumaguete

Letter from Dumaguete

Selling coins

<script async src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js?client=ca-pub-4414480388811847" crossorigin="anonymous">Paradigms and money don’t grow on treesMoney to economic man is like water to fish. This analogy...
Orlando Roncesvalles -
Letter from Dumaguete

Onions

<script async src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js?client=ca-pub-4414480388811847" crossorigin="anonymous">Back to inflation basicsInflation is in the minds of many nowadays. The newspaper headlines scream, “Inflation soars...
Orlando Roncesvalles -
Letter from Dumaguete

Optimism is good

<script async src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js?client=ca-pub-4414480388811847" crossorigin="anonymous">How an IPO can morph into something elseIs the stock market, in the phrase made famous by...
Orlando Roncesvalles -
Letter from Dumaguete

The beginning and end of economics

<script async src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js?client=ca-pub-4414480388811847" crossorigin="anonymous">Reading James BuchananMANILA -- What Should Economists Do? is a set of essays published in 1979 that...
Orlando Roncesvalles -
Letter from Dumaguete

A brave new world

<script async src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js?client=ca-pub-4414480388811847" crossorigin="anonymous">What the virus has wroughtROCKVILLE, MARYLAND -- It is November, and winter is around the corner, and...
Orlando Roncesvalles -
Letter from Dumaguete

Inflation is like snowboarding

<script async src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js?client=ca-pub-4414480388811847" crossorigin="anonymous">Slipping and slidingROCKVILLE, MARYLAND -- A slippery slope is what? A metaphor. An apparition. Something to...
Orlando Roncesvalles -
Letter from Dumaguete

Central banks under stress

<script async src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js?client=ca-pub-4414480388811847" crossorigin="anonymous">As they struggle with the Taylor RuleROCKVILLE, MARYLAND -- Is there a ‘correct’ level for the interest...
Orlando Roncesvalles -
Letter from Dumaguete

Sri Lanka and us

<script async src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js?client=ca-pub-4414480388811847" crossorigin="anonymous">A tale of two (apparently similar) countriesSri Lanka has recently emerged as a lesson in how not...
Orlando Roncesvalles -
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