On the Failure of the Iranian Sanctions
In light of President Barack Obama’s nomination of Senator Chuck Hagel for U.S. Secretary of Defense, the issue of Iran …
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Taking Calendar Reform Viral
Santa Claus must not have received my Christmas wish list last year. Indeed, he failed to deliver the new calendar …
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Venezuela: On the Death of Chávez and the Ailing Bolivar
Although Hugo Chávez, the socialist presidente of Venezuela, has finally met his maker, the grim reaper is still lingering in Caracas. As …
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Little Island, Big Problem
Who’s going to bail out Cyprus: Brussels or Moscow? That’s the multibillion-dollar question. In mid-March, the European Union and the …
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Hyperinflation? No. Inflation? Yes.
While inflation seems to be on everyone’s mind these days, misconceptions abound. Indeed, few concepts in economics are as misunderstood …
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Too Small to Fail
The political elites in Brussels can once again breathe a sigh of relief. Cyprus did not implode and take the …
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