FM Waves

I remember when I was on my first year at the Economics Faculty when this professor told us that the economy was going fine (it was 1995) even with the help (actually she meant “interference” as the smile in her face revealed) of the Government.
This comment probably can be seen quite apologetic coming from an European but I’m going to use it for introducing one of the big truths of economics: economics cannot be split from politics as the economy cannot be split from the policy (sic).

In fact, a lot has been written about the subject. Wide research have been proving for years that the political (electoral) cycle and economic cycle follow quite similar trends. Obviously, this works in one way, policymakers work in a partisan way, following oportunistic strategies that should lead them to regain the access to power for another term. In this way, the political elite turns the voters into puppets that will be blurred by the economic activity.

But again, another trick of the economists to say that economics spins the world!

Viva!!!