Recep Tayyip Erdogan is a man of unorthodox economic views. He confronts mainstream macroeconomists by insisting that higher interest rates are “evil” and increase inflation when in fact they are widely known to reduce it. In 2018, he appointed his own son-in-law as the country’s finance minister, only to accept his resignation (followed by an unprecedented fall in the exchange rate of the Turkish lira) several years later. A true economic visionary he is, over the last two years Erdogan has also 3 (!) …


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