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The art of economics consists in looking not merely at the immediate hut at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups—Henry Hazlitt

Showing posts with label Money. Show all posts
Showing posts with label Money. Show all posts
Wednesday, October 24, 2012

Sanctions Against Iran Spurs Burgeoning Use of Gold as Money in the Middle East

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US sanctions against Iraq has been promoting the use of gold as medium of exchange in the Middle East, particularly the Iran-Turkey-Dubai c...
Monday, February 06, 2012

More US States Seek New Gold and Silver Currencies

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From the CNN , A growing number of states are seeking shiny new currencies made of silver and gold. Worried that the Federal Reserv...
Sunday, February 15, 2009

The Tenuous Correlation of Remittances and the Philippine Peso

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``Whether we like it or not, it is a fact that economics cannot remain an esoteric branch of knowledge accessible only to small groups of sc...
Wednesday, January 21, 2009

Niall Ferguson: Ascent of Money

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Great educational stuff on "money" and today's crisis by Niall Ferguson
Tuesday, October 07, 2008

The Origin of Money and Today's Mackarel and Animal Farm Currencies

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Contrary to common perception money originated not from governments but from free markets, According to Murray N. Rothbard in What Has G...
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