16
September
2013
Recently, I was made aware of an article by the famous Harvard economist Gregory N. Mankiw ("Defending the One Percent’’, The Journal of Economic Perspectives, 2013). In that article, he puts forward an interesting thought experiment. Assume we were in a state in which the market outcome would lead to absolute equality among economic agents.
24
May
2013
We are very happy to post the second part of Jacques Fleury's commentary on the Georgian Wine Industry. In the first part, Jacques reflected on the experience of surviving the Russian embargo, on the one hand, and dealing with a series of heavy-handed and incompetent government interventions, on the other.
15
May
2013
We are very happy to host on our blog a commentary by Jacques Fleury, the person behind the resurrection of Borjomi and a key player in the Georgian wine industry.
22
March
2013
An unprejudiced look at the Georgian economy is rather disenchanting. Starting in 1990 at a per capita income that was close to Poland’s, Georgia went into a free fall as a result of secession wars, loss of markets, an explosion of crime and corruption, and the staggering incompetency of its governments.
01
February
2013
According to the Law of Georgia on Medical Activity, postgraduate medical education can take place only in accredited institutions and/or medical schools from March 2009 onwards.
