#Collectivization started in 1921
Romania was Europe’s biggest grain producer, but only up until the 1921 agricultural reform
A Dead Painter Is Non-Inflationary
Van Gogh sold nothing during his lifetime, while Hitler was able to make a living from painting. But...
Ultima dorinţă de Isac Lazarovici
Când Geţii au cedat petrolul/Unui consorţiu Cuţo-Vlah/El a zvârlit acţiuni pe piaţă/Fiindcă i-a bănuit în crah
Corporatism, A Fascist Doctrine
On a free market, characterized by competition, need is the best teacher
The Stock Exchange Should Return Home At Ghica Street and Doamnei Street
Around 1860, the bankers and merchants of Bucharest would gather at Hanul cu Tei ('The Linden Inn'), where they traded coins and other valuables.
Orwell + Huxley = China, the Guilty Temptation of the “Free World”
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
...
Diagnostic: Instinct Dilution!
I don’t know whether now, when some recommend a rewriting of economy books, it makes any sense to discuss rational expectations
Before macro central planning
If we looked up information about the evolution of inflation and the GDP in the inter-war statistics directories, we wouldn’t find anything
Working From Home, Harassing From Home
To resume the “new normal”: there is no more sex, just sexual harassment
The State Aids the Increase of the Inventory Turnover
Average Joe sometimes feels the urge to ask why do national economies, as reflected in the GDP, need to grow every year?
Towards Europe, With Skirts Up
We can indeed pretend slyly in the shadow that the Germans make strong cars in vain, as long as we have the “accessories”.
Stock exchange after the Great Union. What were the interwar blue chips?
The general public knows next to nothing about Romania’s inter-war economic history
Comment sait-on que l’on vit en féodalisme?
Le capitalisme signifie le roulage permanent des élites : les pauvres s’enrichissent et les descendants des riches perdent leurs fortunes
Potemkin Capitalism
Romania is frozen in obedience and fear
Les anticapitalistes se trompent quand ils attaquent l’UE
L’UE est, en général, un paradis protectionniste des oligopoles créés par des règlementations d’état
