How Marshall Field Succeeded
This world-renowned merchant seeks no fame for his business achievements.
Global Economy
Displaying 1191 - 1200 of 1738
QE2 Fuels a Global Fury
Higher food prices set off the revolutions in Tunisia and Egypt and the mass protests in countries like Algeria, Jordan, Yemen, Bahrain, and Iran. People in these countries buy more unprocessed foods and spend a much higher percentage of their income on food, so they have been severely impoverished by Bernanke's QE2.
The Education Bubble Is Fuel for Revolt
Tunisia and Egypt have a massive youth-unemployment problem. Unsurprisingly, they also have a system of "free" college education.
Two Visions for Europe
In order to understand the tragedy of the euro and its history, it is important to be familiar with the two diverging and underlying visions and tensions that have come to the fore in the face of a single currency.
The Euro Debt Crisis and Economic Theory
The cause of the European debt crisis, in its simplest form, was overspending by (mainly southern) European governments during the last decade, and especially after the 2008 financial crisis.
The Nightmare of 1923 and Its Cause
Fergusson presents a compelling argument that the central bankers of Europe did not believe that the quantity of money had anything to do with the price level. And I suppose you think that our modern Fed rulers understand at least this much.
Up with Bagus!
In this small gem of a book Professor Bagus has given us much more than an explanation of why the euro will fail the common man in Europe.
How the Cartels Ensure Diamonds Last Forever
Any diamond that enters the market must be certified by the WDC; those that aren't are considered conflict diamonds, and the individuals involved are prosecuted. Regulatory authority is used to control the global supply and price.
Europe’s Tragic Crisis
At the root of the current crisis in Europe are the actions of the European Central Bank. As Philipp Bagus explains in his new book, only a realization of the true costs the euro has imposed on the continent in the past can shed light on the path to future recovery.
Monetary Planners as the Masters of Denial
One would think that being on the inside of many decades of careening one step ahead of monetary chaos might induce a sober, even cynical, spirit — that it might lead the insider to call for keeping one's metaphorical air-raid shelter well stocked and at the ready.
