Economics professors like to demonstrate the inherent flaws of Soviet-style command economies by asking students to imagine what would have happened if the Soviet Union had tried to create Starbucks. Presumably, a Soviet Starbucks would have offered only two kinds of coffee—black or white—until it ran out of milk, or coffee, or both. In his new book, Postcapitalism: A Guide to Our Future, British economics journalist Paul Mason invites us to re-run this thought experiment. This time, imagine Amazon... Читать дальше...
Republican presidential candidate Donald Trump says that if he had been present for the Paris terror attacks, he would have personally shot the attackers.
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In January 2015, the political establishments of Greece and all of Europe were shaken up—and more than a little terrified—when the radical leftist, anti-austerity party Syriza was elected to power in Greece with just shy of a parliamentary majority. Syriza swept to power on the back of unprecedented disgruntlement with the harsh austerity measures Greeks had been forced to endure as penance for their supposed fiscal sins by the ”Troika,” the European Union, International Monetary Fund and the European Central Bank... Читать дальше...
