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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 Portugal. Show all posts

Monday, August 04, 2014

Portugal Central Bank Bails Out Banco Espiritu Santo

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I previously noted of the banking turmoil happening in Portugal : Add to Bulgaria’s woes has been the recent hubbub over Portugal’s largest...

Monday, April 08, 2013

Portugal Considers Using T-Bills to Pay Public Workers and Pensioners

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Crisis stricken governments have been finding ways to skirt requirements for them to scale down on their bloated bureaucracies. Rumors...

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Tuesday, May 08, 2012

In Pictures: The Eurozone’s “Austerity” Programs

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I’ve been saying that whatever politicians, media and their zealot followers label or lay claim as “austerity” programs has been a blatant c...

Thursday, August 27, 2009

Drug Decriminalization Caravan Gets Rollin'

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In our earlier posts War on Drugs: Learning From Portugal's Drug Decriminalization and Nicolas Kristof: Why The War On Drugs Is A Failu...

Thursday, June 25, 2009

War on Drugs: Learning From Portugal's Drug Decriminalization

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In an earlier post,[see Nicolas Kristof: Why The War On Drugs Is A Failure ], we dealt with the unorthodox suggestions of how to deal with t...

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