(Reuters) – Moody’s Investors Service said on Friday that a Greek exit from the euro could pose a threat to the currency’s existence. In addition,…
The result of the European crisis will be the annihilation of Europe’s political class, just as surely as Stalin liquidated the kulaks. And it’s a good thing, too; as I reported this morning in my “Spengler” essay at Asia Times Online, an Itali…
Capitalism is an approach to economics that is organic. Self-interest drives individuals to pursue wealth. Through entrepreneurship and hard work and ingenuity, an economy morphs into existence. Capitalism is the ultimate meritocracy; the smartest …
