Zimbabwe hit the headlines in the 2000s due to its extraordinary inflation rate, peaking at a monthly rate of 79.6 billion percent in November 2008. The hyperinflation was a result of Robert Mugabe’s government’s printing of excess money in order to finance government corruption as well as involvement in the Democratic Republic of Congo.
Derek Thompson of The Atlantic recently wrote about how the evolving music industry is now utilizing modern, mostly online technology to predict which bands and artists will emerge as the next breakthrough acts.
Interesting commentary in the Wall Street Journal by Fernández-Villaverde and Ohanian on errors to avoid if the U. S. is to avoid the Eurosclerosis trap (more here and here) .
Few issues divide libertarians the way the Fourteenth Amendment to the United States Constitution does. Gene Healy has observed that “[c]lassical liberals of good faith have found themselves on either side of the issue.”
With the relatively recent passing of America’s new healthcare law; the Affordable Care Act (Obamacare), the topics of healthcare, health insurance, prices and reform have been particularly hot lately. This of course does not mean that the controversies surrounding the American healthcare system are anything new. Healthcare prices are getting higher with many hospital visits for certain conditions totaling bills of millions of dollars. Also, the laws regulating the industry are getting heavier by the day.
