Most Egyptians have lived their whole lives in a country where the government heavily subsidizes bread prices. But now the deeply indebted Egyptian state faces some tough choices, and Egypt's poor may suffer the most.
We should be extremely concerned about the short and diminishing impact of monster stimulus plans.
Faced with countless demographic, economic, and strategic problems, China is more likely to collapse than take over the world.
China is a lesson for those in the West that see China’s rising interventionism as a good idea. Political interventionism means bad capital allocation, worse job creation, and the worst type of inequality, the one that is politically driven.
Faced with countless demographic, economic, and strategic problems, China is more likely to collapse than take over the world.
US car owners are being preyed upon by thieves, because South African mine owners are being preyed upon by their government.
The risk of government expropriation of private property remained low, and Botswana rejected antiwhite reformist politics which destroyed capital in many other countries in the region. Economic success has been a result.
We should be extremely concerned about the short and diminishing impact of monster stimulus plans.
In Europe, there is no competitive market for electrical power. And since power is an important factor of production, it also means the overall marketplace is wasteful, inefficient, and sluggish.
