Showing posts with label market economy. Show all posts
Showing posts with label market economy. Show all posts
Friday, August 09, 2013

Quote of the Day: Why Capitalism is Awesome

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But the true genius of the market economy isn’t that it produces prominent, highly publicized goods to inspire retail queues, or the medic...
1 comment:
Thursday, December 13, 2012

Quote of the Day: The Virtue of Market Inefficiency

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an inefficiency exists when, for a given person at a given time and place, the cost of an action outweighs the benefit.  We’ve seen that t...
Friday, September 21, 2012

Quote of the Day: Economic Calculation

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Without private ownership in the means of production, there will not be a market in the means of production. Without a market for the mean...
Saturday, April 14, 2012

North Korea’s Failed Missile Launch Reflects on Dire Economic Status

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So it appears that I’ve partly been validated on my view that the much hyped threat from North Korea’s military might has been no less than ...
Saturday, March 24, 2012

Shale Oil Revolution: (Laissez Faire) Capitalism Deals Peak Oil a Fatal Blow

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I used to believe in peak oil. That all changed when I got immersed in Austrian school of economics. I have come to realize that we are dyna...
Wednesday, March 21, 2012

Economic Integration is a Function of Economic Freedom, not Planned Chaos

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Cato’s Marian Tupy rightly points out that the much touted benefits from European Union’s integration has been overrated. The European...
Tuesday, February 21, 2012

How Reliable is CNBC’s Rankings of the Best Countries with Long Term Growth?

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CNBC recently came out with a slide show depicting that troubles in the Eurozone and in the US has been prompting investors to search for n...
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Friday, September 16, 2011

Will Burma Embrace a Market Economy?

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Forbes Magazine’ Simon Montlake thinks so (bold highlights mine) It usually pays to be bearish on Burma. But a flurry of initiatives b...
Wednesday, May 11, 2011

Video: Paul Romer on how 'Charter Cities' can change the world

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Stanford and New York University's Paul Romer gives a fascinating talk at the TED on how rule based Charter Cities which empowers choice...
Saturday, June 05, 2010

Quote Of The Day: Market Oriented Principles Makes The Difference

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That's the key criteria in selecting emerging markets, according to Templeton's chief honcho Mark Mobius, on his latest outlook, Sp...
Monday, February 08, 2010

Estonia: A Resurgent Baltic Tiger In Defiance of Mainstream Antidote?

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Andreas Hoffmann writing in Thinkmarkets sees Estonia as a returning Baltic Tiger. Here is Professor Andreas Hoffmann (all bold highlights...
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Thursday, September 10, 2009

Doing Business In The Philippines

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In an earlier post, we featured why the Philippines severely lags the global competitive environment, see 2009 Global Competitiveness Repor...
Saturday, July 19, 2008

Globalization Highlights From Past To Present

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The historical contribution of Globalization to world economy, from the Economist , ``GLOBALISATION, as historians of the subject like...
Thursday, May 22, 2008

World Bank’s Prescription for Sustained Economic Growth: Governance Committed To A Market Economy

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The World Bank recently made a prescription for an ideal sustained growth; notes the Economist (highlight mine)... “SINCE 1950 13 count...
Thursday, May 15, 2008

Private Altriusm

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The markets have been charged with many forms of atrocities such as greed, materialistism and uncharitableness and many others. In short, pr...