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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 regionalism. Show all posts

Monday, April 30, 2012

China Takes Steps to Push for the Convertibility of the Yuan

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China takes a step further to push for the convertibility of her currency, the yuan. From Marketwatch.com : (bold emphasis mine) Chin...

Thursday, January 26, 2012

A US-Philippines Bases Treaty (2012 Edition) in the Making?

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From the Washington Post , Two decades after evicting U.S. forces from their biggest base in the Pacific, the Philippines is in talks w...

Sunday, February 15, 2009

Fruits From Creative Destruction: An Asian and Emerging Market Decoupling?

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``But innovation, in Schumpeter’s famous phrase, is also “creative destruction”. It makes obsolete yesterday’s capital equipment and capital...

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Sunday, August 03, 2008

Global Markets: The End Of The World? Or Overestimating Global Consequences?

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``I cannot find a single convincing argument that tells me that astrologers won’t do better than economists…The problem is the arrogance of ...

Sunday, May 18, 2008

Driver Of The Philippine Peso: Available Bias, Oil or the China’s Yuan?

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``The problem is not that supply and demand is such a complex explanation. The problem is that supply and demand is not an emotionall...

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