Monthly Archives: December 2010
Mark Perry and Robert Dell identify six major government failures which gave us The Great Recession: we identify a potent mix of six major government policies that together rewarded short-sighted collective risk-taking and penalized long-term business leadership: 1. Bank misregulation, … Continue reading
From Mamadou Koulibaly, President of Audace Institute Afrique: “The critical issue is not who governs but what government is entitled to do.”
Arnold Kling explains the “rational expectations” revolution in macroeconomic science.
From a U. S. State Dept. document published in The Guardian: The vertical of power, he said, is inapplicable to the Caucasus, a region that Moscow bureaucrats such as PolPred Kozak would never understand. The Caucasus needs to be given … Continue reading
The Road to Serfdom and The Fatal Conceit.