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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 frontier markets. Show all posts
Showing posts with label frontier markets. Show all posts
Monday, July 21, 2014

Phisix: What Janet Yellen’s “Irrational Exuberance” Speech Implies

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The big profits go to the intelligent, careful and patient investor, not to the reckless and overeager speculator. Conversely, it is the sp...
Tuesday, April 17, 2012

The Emergence of Capitalist Cuba?

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I previously pointed out that the post-Fidel Castro Cuba has broken the proverbial ice of electing to take the road of economic liberalizat...
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