Reified
Public expectations of inflation to shift and the demand for cash balances to fall
Propinquity to power is perceived to matter, especially in a time of crisis.
Poverty is not the result of rapacious financiers exploiting the poor. It has much more to do with the lack of financial institutions, with the absence of banks, not their presence. Only when borrower...
Poor or the owners of small capitals enjoy scarce any, but are liable, under the pretence of justice, to be pillaged and plundered at any time by the inferior mandarins, the quantity of stock employed...
Perennial truths of financial history. Sooner or later every bubble bursts. Sooner or later the bearish sellers outnumber the bullish buyers. Sooner or later greed turns to fear.
Parties – that nominate candidates for election. Just as important as the parties are the officials – civil servants, judges or ombudsmen – whose responsibility it is to ensure that the elections are...
On Facebook ‘the user is the product
Now Rothschild was providing Europe with a new social elite by raising up the system of government bonds to supreme power . . . [and] endowing money with the former privileges of land. To be sure, h...
Money: a unit of account, a store of value - portable power.
Man who had exchanged his $1,000 of savings for gold in 1970, while the gold window was still ajar, would have received just over 26.6 ounces of the precious metal. At the time of writing, with gold t...
Los inversores prefieren colocar su dinero en países donde los derechos de la propiedad privada estén protegidos de manera eficaz, aunque esto debería ser considerado como un requisito mínimo. En
It was said to be ‘hardly in the power of liquor to affect Dr Webster’s understanding or his limbs’. Yet no one was more sober when it came to calculations of life expectancy.
It was decreed that Banque Générale notes should be used in payment for all taxes, a measure initially resisted in some places but effectively enforced by the government. Law’s ambition was to revive...
It is no longer a mere possibility that this network can be instrumentalized by corrupt oligarchs or religious fanatics to wage a new and unpredictable kind of war in cyberspace. That war has commence...
In response to discrimination and persecution in the Holy Roman Empire. They had moved further east into the Grand Duchy of Lithuania in the fifteenth and sixteenth centuries and, despite the violence...
However, the round trip was a very long one (fourteen months was in fact well below the average). It was also hazardous: of twenty-two ships that set sail in 1598, only a dozen returned safely. For th...
He later made the tobacco companies pay: over $200 billion to Mississippi and forty-five other states as compensation for Medicaid costs arising from tobacco-related illnesses. The case (immortalized...
Happiest and the most comfortable. It is hard in the stationary, and miserable in the declining state. The progressive state is in reality the cheerful and the hearty state to all the different orders...
Hapless