It’s very important to defend the monetary politicy from political pressures
Interview with Leszek Balcerowicz
Venus se găsește între Mercur și Pământ, nu între Saturn și Jupiter
Iată niște țigări care făceau reclamă la Venus, nu la cancer
If the Retirement Age Reaches 70, How Much Does Youth Unemployment Rise?
Adam Smith postulated that the prime requisite for the prosperity of a nation is a growing population.
Collectivization started in 1921
Romania was Europe’s biggest grain producer, but only up until the 1921 agricultural reform
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
...
A Dead Painter Is Non-Inflationary
Van Gogh sold nothing during his lifetime, while Hitler was able to make a living from painting. But...
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?
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
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
