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  • Post-communist Russia?

    An objection to libertarianism that I've come across a few times is that Russia declined after free market reforms. "in the decade after the fall of Communism, as advised by free-market absolutists like Jeffrey Sachs. Russian GDP declined 50% in five years. The elite grabbed the assets they...
    Posted to Economics Questions (Forum) by Buzz Killington on Mon, Nov 5 2012
  • Socialism works fine?

    According to most libertarians, socialism ends in disaster. Redistribution of wealth and high taxes destroy the incentive to contribute to civilization, thus leading to failure. However, what about the oft-touted "bumblebee economies" of Scandinavian countries? Scandinavian countries have incredibly...
    Posted to Economics Questions (Forum) by Buzz Killington on Tue, Oct 23 2012
  • Financial Instability after Bretton Woods

    Hello I simply assume that after cutting dollar from gold that financial instability has drastically increased, as actors will have a hard time guessing the future value of money. Are there however any empirical work done on this as I imagine it has been ? Thank you, Aman Mender
    Posted to Economics Questions (Forum) by EEmr on Sat, Feb 4 2012
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