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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

Thursday, July 23, 2015

Philippine Political Dynasties: Learning From How Capitalism Undermines India’s Caste System

Here is an interesting study on how capitalism has contributed to the erosion of the India’s caste system From Swaminathan S. Anklesar...

China’s Stock Market Crisis: Parallels with Wall Street 1929 and Japan’s 1989 Crashes

The Quartz draws parallelism of the current stock market crisis in China to Wall Street’s 1929 and Japan’s 1989 episodes. The simil...

Sunday, July 19, 2015

Phisix 7,600, Falling Peso and The $483 Billion Xi Jinping Put

In this issue Phisix 7,600, Falling Peso and The $483 Billion Xi Jinping Put China’s Stock Market Crisis: The $483 Billion Xi Jinpi...

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