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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 Myanmar. Show all posts

Thursday, August 20, 2015

Asian Crisis Watch: Myanmar Central Bank Denies Bank Run. When there’s Smoke…

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When there’s smoke there’s fire? Myanmar’s central bank goes on air to deny a bank run. From Myanmar Times : Rumours of a run ...

Tuesday, July 30, 2013

Myanmar’s Seething Property Bubble, Redux

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I was shocked to learn that office space rental prices in Myanmar has zoomed past their equivalent in New York’s Manhattan From Bloombe...

Friday, November 02, 2012

How Despotism Promoted Ignorance in Myanmar

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Many people nurture the mystical impression that noble intentions drive actions of governments pertinent to social welfare concerns. We...

Thursday, June 28, 2012

Myanmar’s Property Bubble

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The impact from global negative real interest rates and monetary measures such as QEs seems to have percolated to Myanmar. From Global Pos...

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