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Money Can Buy Me Love, In The Caucasus
22 December 2012

This blog post is a sequel to “Price of a Woman: Economic Rationale behind Marriage Payments in Georgia”. I recently found very interesting data about bride prices in the Georgian highlands and the North Caucasus, which I am now going to share with you.

Economics Everywhere. What Does a Cheap Violin Have to Do With Romanticism?
12 October 2012

The term “economics imperialism” has been coined in recent decades to describe a tendency of economists to meddle with such seemingly non-economic aspects of life as crime, the family, irrational behavior, politics, culture, religion, and war. Mine is an attempt to invade the world of music.

Do Financial Crises Hurt Economic Recoveries?
03 October 2012

The question of the title seems to be a rhetorical one. With the 2008 global financial crisis fresh in our minds, the logic of the vicious cycle between the economic slowdown, troubles in the banking sector, credit crunch, and the subsequent industrial decline reinforcing the credit conundrums seems quite apparent.

Adjara Fact of the Day
13 September 2012

The history of Georgian tea began in 1897 when Lao Cheng Zhao came from China to the imperial estate in the village of Chakvi.

Price Of a Woman: Economic Rationale Behind Marriage Payments in Georgia
22 August 2012

We economists tend to search for economics behind everything. It's as if it is some kind of disease, for which there is no cure. I admit, I myself suffer from it.

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