Nobody is really sure what Donald Trump will want from the Federal Reserve during his presidency: Will he try to make it adopt the “hard money” views of many people in his party, or will he want it to err on the side of letting the economy run hot? Since we might not know the answer for some time, ...

  The UAE is right on track to become world’s innovation capital. Its comprehensive and visionary policies are creating a conducive climate for innovation and innovators to thrive. As laid down in the National Innovation Strategy, innovation is being encouraged in key sectors like renewable energy, transport, education, health, technology, water and space. The second Innovation Week — which kicked ...

  What does the election of Donald Trump mean for macroeconomics? Above all else, it means that the half-century-long challenge to Keynesian ideas is over. The insurgents lost. First, some background. During the Great Depression, John Maynard Keynes suggested that government spending would boost the economy, by increasing aggregate demand. In a recession, there are unused resources — empty offices, ...