Today Ashesi, which celebrates its 10th anniversary this year, offers degrees in business, information systems and computer science, with plans to offer engineering and economics majors in the near future.

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Now, economic -- as I said yesterday, I'm not an economist but I do know that the business of predicting the future in terms of economics is tricky.

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It was made by the founder of supply-side economics, the future economics Nobelist Robert A. Mundell, in 1971.

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The Fed has "removed the last shred of possibility that interest rates were going to revert to normal in the near future, " says Johns Hopkins University economics professor Christopher Carroll.

WSJ: Itchy Investors Ramp Up the Risk

The net effect, he predicts, will be that, in future, doctors simply refuse to set up practice in areas like his simply because of the economics.

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