“The business of business is business.” This notorious phrase refers to Milton Friedman’s famously provocative article published in 1970 that discussed the ‘social responsibility of business’ – a responsibility that he believed was solel...
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“The business of business is business.” This notorious phrase refers to Milton Friedman’s famously provocative article published in 1970 that discussed the ‘social responsibility of business’ – a responsibility that he believed was solel...
The phrase “Green New Deal” has been thrown around a lot as Democrats prepare to take back the House of Representatives for the first time since 2010. Liberal champion, Alexandria Ocasio-Cortez, brought the issue to the forefront of the Democrati...
The phrase “Green New Deal” has been thrown around a lot as Democrats prepare to take back the House of Representatives for the first time since 2010. Liberal champion, Alexandria Ocasio-Cortez, brought the issue to the forefront of the Democrati...
On December 26, 1945, France ratified the Bretton Woods agreement. With that act, the French created the “franc of the French Colonies of Africa.” The French Finance Minister at the time said of the franc, “In a show of her generosity and selfl...
On December 26, 1945, France ratified the Bretton Woods agreement. With that act, the French created the “franc of the French Colonies of Africa.” The French Finance Minister at the time said of the franc, “In a show of her generosity and selfl...
In Pflaumheim, a small German village about a marathon’s distance from Frankfurt, revealing that one “has a Polin,” or “Polish woman,” has become tantamount to announcing one’s own slow demise. As in many rural areas in Germany, Pflaumhei...
In Pflaumheim, a small German village about a marathon’s distance from Frankfurt, revealing that one “has a Polin,” or “Polish woman,” has become tantamount to announcing one’s own slow demise. As in many rural areas in Germany, Pflaumhei...
During election season, the economy is always a hot topic for politicians. In the United States and most European countries, there has been a recent right-wing, nationalistic upsurge which has dedicated a large platform to the economy. With so much ...
During election season, the economy is always a hot topic for politicians. In the United States and most European countries, there has been a recent right-wing, nationalistic upsurge which has dedicated a large platform to the economy. With so much ...
No state escaped deindustrialization, but some weathered it better than others. Rhode Island was not one of those states. At the turn of the 20th century, Rhode Island was one of the wealthiest states, per capita, in the country. Industrial growth ...
No state escaped deindustrialization, but some weathered it better than others. Rhode Island was not one of those states. At the turn of the 20th century, Rhode Island was one of the wealthiest states, per capita, in the country. Industrial growth ...
In the wake of the crisis of 2007-8, central banks became understandably more willing to try out new monetary policies. Quantitative easing, combined with the traditional slashing of interest rates, was meant to solve the United States’ liquidity p...
In the wake of the crisis of 2007-8, central banks became understandably more willing to try out new monetary policies. Quantitative easing, combined with the traditional slashing of interest rates, was meant to solve the United States’ liquidity p...
Since the turn of the century, Lao PDR has been on a bullet train to graduate from its “Least Developed Country Status” by 2020. According to a recent UNDP report, the country was “on track” to achieve this goal. Since 2000, its GDP has incre...
Since the turn of the century, Lao PDR has been on a bullet train to graduate from its “Least Developed Country Status” by 2020. According to a recent UNDP report, the country was “on track” to achieve this goal. Since 2000, its GDP has incre...
Last August, Tarek Amer, the polished head of the Central Bank of Egypt, received the IMF’s MENA Central Banker of the Year award. And he is not resting on his laurels; indeed, he has been proactive in attracting foreign funds to his country by ove...
Last August, Tarek Amer, the polished head of the Central Bank of Egypt, received the IMF’s MENA Central Banker of the Year award. And he is not resting on his laurels; indeed, he has been proactive in attracting foreign funds to his country by ove...
Americans often decry the high rate of executive pay in this country. It is certainly true that American CEO’s are being paid more than they were in the past – about 940% more than the late 1970s. But the much more interesting, and perhaps danger...
Americans often decry the high rate of executive pay in this country. It is certainly true that American CEO’s are being paid more than they were in the past – about 940% more than the late 1970s. But the much more interesting, and perhaps danger...
After the UK’s decision to leave the European Union last June, it became clear that London risked losing its status as Europe’s major financial centre. Several major firms that are headquartered in the City of London, in fact, depend on having a ...
After the UK’s decision to leave the European Union last June, it became clear that London risked losing its status as Europe’s major financial centre. Several major firms that are headquartered in the City of London, in fact, depend on having a ...
Tyler Cowen is the Holbert L. Harris Professor of Economics at George Mason University, General Director of the Mercatus Center, and a New York Times best-selling author. In 2011, Foreign Policy magazine named him one of its “Top 100 Global Think...
Tyler Cowen is the Holbert L. Harris Professor of Economics at George Mason University, General Director of the Mercatus Center, and a New York Times best-selling author. In 2011, Foreign Policy magazine named him one of its “Top 100 Global Think...