Romania was Europe’s biggest grain producer, but only up until the 1921 agricultural reform
Van Gogh sold nothing during his lifetime, while Hitler was able to make a living from painting. But...
Când Geţii au cedat petrolul/Unui consorţiu Cuţo-Vlah/El a zvârlit acţiuni pe piaţă/Fiindcă i-a bănuit în crah
On a free market, characterized by competition, need is the best teacher
Around 1860, the bankers and merchants of Bucharest would gather at Hanul cu Tei ('The Linden Inn'), where they traded coins and other valuables.
The two complementary avatars of the 20thcentury totalitarianism found their final literary expression in two novels: George Orwell’s ‘1984’, and Aldous Huxley’s ‘Brave New...
I don’t know whether now, when some recommend a rewriting of economy books, it makes any sense to discuss rational expectations
If we looked up information about the evolution of inflation and the GDP in the inter-war statistics directories, we wouldn’t find anything
Average Joe sometimes feels the urge to ask why do national economies, as reflected in the GDP, need to grow every year?
We can indeed pretend slyly in the shadow that the Germans make strong cars in vain, as long as we have the “accessories”.
The general public knows next to nothing about Romania’s inter-war economic history