08
May
2012
You may think that the subject matter of economics is human behavior. Well, not so fast.
19
April
2012
Anyone who has seen an old American classic “Best Years of Our Lives” (1946) probably remembers the scene where one of the protagonists, Al Stephenson, a banker who just returned from the war in the Pacific, tells his incredulous colleagues: “Our bank is alive. It’s generous.
29
March
2012
One of the current economic mysteries of the South Caucasus and the source of certain uneasiness on the part of world development organizations has been the significant rise in the recent years of the consumption to output ratio in Georgia.
14
March
2012
Recently the Georgian government started a campaign for attracting foreign capital to the country. A whole page ad (pictured above) runs on one of the first pages in the print edition of The Economist for already a month.
13
March
2012
I know. I know that I know. For as long as the human race existed, knowledge embodied power. In the life of a society, however, what becomes even more important is the fact that we share certain knowledge with fellow human beings, and that we, moreover, are aware of each other’s knowledge.
