September 2022 – Economics of Information Society

The Great Economic War (GEW) (Part 5: Global economic breakdown and monetary disorder)

The Great Economic War (GEW) (Part 5: Global economic breakdown and monetary disorder) Phuah Eng Chye (24 September 2022) Tumultuous events act as watershed to mark the ending of an era and the beginning of another. The end of World War 2 was followed by the Cold War between the West and Communist spheres. In … “The Great Economic War (GEW) (Part 5: Global economic breakdown and monetary disorder)”

The Great Economic War (GEW) (Part 4: Battles reshaping the global monetary order)

The Great Economic War (GEW) (Part 4: Battles reshaping the global monetary order) Phuah Eng Chye (10 September 2022) The global monetary order underpinned by USD hegemony has held up remarkably well over many decades. Despite recurring financial and currency crises, USD hegemony provided the unity, efficiency and stability to drive globalisation. A key feature … “The Great Economic War (GEW) (Part 4: Battles reshaping the global monetary order)”

Phuah Eng Chye

I was formerly a securities regulator and equities analyst. I started writing these articles (and a book) because I felt that there were a lot of economic theories that didn’t seem to match up to the realities we are facing. This also means that a lot of policies (based on these theories) are wrong. So I’ve tried to make sense of how things worked based on the paradigm of an information society. Its a challenging topic and difficult to pin down. This means I have had to explore issues over a wide range of policy areas. Over the next few months, I will cover the service economy, the sharing economy, household and work structures before moving onto policy issues on the anorexic economy (role of corporates, basic income, housing affordability) and the financialisation process (capital, monetary policy, securities regulation).

Date	Article/Event
29 June 2024	The dismal decade (Part 6: Driving forces and 2030 scenarios)