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The art of economics consists in looking not merely at the immediate hut at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups—Henry Hazlitt

Showing posts with label Philippine bonds. Show all posts
Showing posts with label Philippine bonds. Show all posts
Monday, June 22, 2026

Stagflation Part 10: The Politics of Contradiction—Rate Hikes, Liquidity Addiction, and External Constraint Under Balance-Sheet Stress

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  Economic interventionism is a self-defeating policy. The individual measures that it applies do not achieve the results sought. They bring...
Monday, March 23, 2026

Philippine Oil Shock Politics Meets Systemic Fragility: Crisis Without a Crisis and a Deepening Web of Interventions

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  The picture of the free market is necessarily one of harmony and mutual benefit; the picture of State intervention is one of caste conflic...
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