Category Archives: Dr. Mulli’s Economics Blog

Economic nonsense. Necessities are inelastic goods in the economy. An increase in the price of necessities will result in a diversion of disposable income, proportionately resulting in less spending on other goods and services in the overall economy. The effect … Continue reading →

By Michael Kavanagh in London Kenya has moved a step closer to establishing a commercially viable oil production industry following the discovery of fresh reserves by Tullow Oil, the FTSE 100 explorer. Tullow, which is partnering Toronto-listed Africa Oil in … Continue reading →

NIGERIA-GHANA -ECOWAS-TRADE ECOWAS pleads with Ghana to stay expulsion of Nigerian traders APA, ABUJA (NIGERIA), dimanche 24 juin 2012, par Administrateur The speaker of the ECOWAS Parliament, Mr. Ike Ekweremadu, has pleaded with the Ghanaian authorities to stay action for four months … Continue reading →

Brian Merchant Energy / Energy Policy   Here’s how they did it, and how we can too This is what can happen when citizens and government agree that it’s worth spending a bit more for clean, carbon-free power:   German solar power plants … Continue reading →

IN THE spring of 2011 the Pew Global Attitudes Survey asked thousands of people worldwide which country they thought was the leading economic power. Half of the Chinese polled reckoned that America remains number one, twice as many as said … Continue reading →

Nairobi startup’s health app surges; Safaricom gives subscribers links to experts for two cents a minute. Mobile health platforms are fast emerging in Kenya, where one startup’s newly launched mobile health platform is attracting nearly 1,000 downloads daily, and the … Continue reading →

Panic as shilling hits lowest level The shilling fell to the lowest level, exchanging at Sh102 to the dollar on September 26, 2011. PHOTO/ FILE By Joseph Bonyo jbonyo@ke.nationmedia.com Posted  Monday, September 26  2011 at  22:00 In Summary Uncertainty prevails in markets … Continue reading →

All great empires rise and fall. It is difficult to accept this truth when you are a part of the history. In brief, nobody has a crystal ball. However, in academic circles and in future markets the picture is becoming … Continue reading →

(Reuters) – The United States lost its top-tier AAA credit rating from Standard & Poor’s on Friday in an unprecedented blow to the world’s largest economy in the wake of a political battle that took the country to the brink … Continue reading →