Europe, a Troubled Region
The most recent banking crisis in Europe erupted on the Island of Cyprus. Among other things, one result of the …
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Hot Money, Cold Credit
Money matters — it’s a maxim of Prof. Milton Friedman that I repeat often in my columns. Since the Northern …
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North Korea: From Hyperinflation to Dollarization?
For years, North Korea has been crushed by a communist command economy, producing little besides mass starvation. More recently, the …
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Troubled Currencies
For academics, the term “troubled currency” might be a term of art. But for people who are faced with such …
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Now Is Not the Time to Step up the Economic War against Iran
Hassan Rohani will take office next week as president of Iran. Many assert that the international sanctions regime has so damaged the …
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To Make Sense of the Coins Act, Follow the Money
The American people might be surprised to learn that for the past 20 years a handful of lobbyists and lawmakers—mostly …
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