The IMF remains addicted to currency devaluation, which invariably retards economic recovery and growth.

FORBES: Fact and Comment

Because GDP expansion is driven by long-term capital investment, a fiat dollar retards real economic growth.

FORBES: The Fiat Dollar: As Unreliable As My 1971 Fiat 124 Sedan

This wastes financial resources and retards innovation and efficiency that would naturally come with new, state-of-the-art refinery construction.

FORBES: The Hidden Price Of Radical Environmentalism

First, consider the main reason why general price inflation retards economic growth: it can lead to a misallocation of resources.

ECONOMIST: Should central banks try to target asset-price inflation?

Christina Romer, an economic historian from Berkeley, has just published a paper with her husband David showing how raising taxes retards growth.

ECONOMIST: Barack Obama's economic team

Lack of education retards young brains still further: half of rural children and 68% of rural orphans in Zambia do not attend any classes at all.

ECONOMIST: Orphans of the virus

Of course when the dollar is weak and unstable, a disharmony reveals itself among the productive that frequently retards what should be the peaceful flow of goods.

FORBES: Memo to Washington: Economic Growth Is Easy

Such an approach retards technological innovation.

FORBES: Fact and Comment