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Possible theoretical developments
In the upcoming period, feverish endeavor is ahead economists. In particular in macroeconomics, new models are possible to be developed. In some macroeconomic models,…
We are definitely among the top ten in Facebook
The people of this region have an endless passion for being at top. It is always important to be THE first, at least to be among the top five or in the worst case among…
What is the milieu while Bernanke is re-assigned
FED Chairman Bernanke will pursue his duty for another period. Bernanke was an academic that studied on Great Depression period of 1930s. Now in the period of a new…
Crises and insolvent banks
There are numerous rumors about when exactly the global crisis emerged. There are people that assume it as the end of 2006 as well as August 2007, as FED Chairman…
Production loss
I also mentioned recently; in abnormal periods, it is not enough to evaluate the changes in production in comparison solely with the same period the year before. In…
Again on tax cuts
Here comes another commentary on the developments in automotive sector as it became a tradition following the special consumption tax (SCT) cut decision introduced in…
Do not banks’ shareholders have any fault in this?
Federal Reserve (FED) brings together twelve regional central banks. Among these, Kansas City Central Bank has been organizing a professional conference in Jackson Hole…
Eximbank is more important than the Central Bank
Central Bank of Republic of Turkey (CBRT) goes on to cut interest rates. But, does the Bank do this because things are on track? No, it does not. On the contrary, CBRT…
Problem in the quality of education
Economic theory says that enhancing the skills and knowledge of people to a higher level is the most important factor that will improve the level of per capita income…
False interpretation
Probably the depth and duration of the latest crisis have depressed us so much that we have gone back by at least 15 years in the interpretation of simple production…
Have you visited Sankopark?
Have you recently gone to Gaziantep? And if you have, have you also visited Sankopark? I have. Sankopark seemed to me as a sign that the efforts to spread industrial…
Chickens have come home to roost
We are going through complicated times. Interesting things happen. In June, we say "Oh! Thank God the economy contracted only by 10 percent" and cheer up. On the one…