Browsing

ANTHONY KILA

The Asian Contagion

What we refer to as the "Asian Contagion" pertains to the 1997 Asian Financial Crisis, a severe economic crisis that began in Thailand and spread like a contagious disease across various Asian economies, including Indonesia, South Korea,…

The German Hyperinflation

Inflation describes and measures the rate at which the prices of goods and services rise in an economy. The consequence of this increase is the loss of purchasing power of the economy’s currency. You are experiencing inflation when you have…

Karl Marx: The Philosopher King 

Our unforgettable today is Karl Marx.  He was an activist, economist, journalist, writer and philosopher. Just like Christianity is used to describe the teachings of and faith in Jesus Christ, the term “Marxism” is used to describe a…

An Accidental Economist 

Our unforgettable today is Adam Smith. He died 232 years ago in 1790 at the age of 68 in Scotland where he was born. Many agree in describing him as the father of modern economics and he is arguably the most quoted and referenced…