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Prof. Stephan von Cramon-Taubadel from the University of Göttingen Delivers Presentation at ISET
04 April 2014

On April 3, 2014, ISET hosted Prof. Stephan von Cramon-Taubadel from the University of Göttingen, who presented his paper "European Consumers’ Willingness to Pay for Israeli-Palestinian Peace Products".

ISET Joins ICC
03 April 2014

ISET is proud to announce that it has officially been accepted as a member of the International Chamber of Commerce of Georgia (ICC). In addition to ISET’s membership, Eric Livny, ISET’s Director, has been invited by the ICC Executive Board to establish and chair a new committee on economic policy at ICC.

Applied Cost-benefit Analysis & Cost-Effectiveness Analysis
02 April 2014

On March 31, 2014, ISET hosted Dr. Joseph Tham of Duke University, who is currently collaborating with USAID Georgia. He provided a summary of the basic principles of project appraisal and discussed the applications of Cost-Benefit Analysis in the USAID/India Fiscal Management Reform Project.

Georgia, Armenia and Azerbaijan Agree to Form Transcaucasian Confederation by 2019
01 April 2014

1 April 2014, ISET Economist's special correspondent in Geneva. The ISET Economist was invited to attend the signing ceremony concluding the last round of trilateral negotiations held in Geneva under the joint sponsorship of the Swiss Confederation, the US, Russia, and Turkey.

The Ethics of Empty Stomachs
31 March 2014

At the end of Act 2 of Bertolt Brecht’s Three-Penny-Opera, the proletarian petty criminal Macheath, and his prostitute Jenny reply to the bourgeois representatives of the establishment urging them to uphold moral standards: “First comes a full stomach, then comes ethics!” This aphorism echoes the widely held contention that ethical behavior is a privilege of those who have satisfied their material needs.

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