Russian mates would sometimes be paid in dollars, sometimes local currency and sometimes not at all but still show up to work (as creditor in possession?)

23 Feb 2020 Leave a comment

by Jim Rose in applied price theory, comparative institutional analysis, development economics, economic history, economics of crime, growth disasters, labour economics, labour supply, law and economics, managerial economics, Marxist economics, organisational economics, personnel economics, property rights Tags:

Communist statistics

21 Feb 2020 Leave a comment

Image by Jim Rose

when four millennials traveled to Cuba recently to investigate socialism

08 Feb 2020 Leave a comment

by Jim Rose in Austrian economics, comparative institutional analysis, constitutional political economy, development economics, economic history, economics of bureaucracy, entrepreneurship, growth disasters, industrial organisation, labour economics, law and economics, macroeconomics, Marxist economics, politics - USA, property rights, Public Choice, theory of the firm Tags: , ,

Ryugyong Hotel: North Korea’s Hotel of Doom

31 Jan 2020 Leave a comment

by Jim Rose in defence economics, development economics, economic history, economics of bureaucracy, growth disasters, Marxist economics, Public Choice Tags: ,

Spies: The Rise and Fall of the KGB in America

30 Jan 2020 Leave a comment

by Jim Rose in defence economics, economic history, economics of crime, law and economics, politics - USA, war and peace Tags: , ,

The Great Fact

23 Jan 2020 Leave a comment

Image by Jim Rose

Socialist efficiency is back in the news

20 Jan 2020 Leave a comment

by Jim Rose in comparative institutional analysis, development economics, economic history, economics of bureaucracy, growth disasters, industrial organisation, law and economics, Marxist economics, Public Choice, survivor principle Tags: , ,

Heaven on Earth: The Rise, Fall, and Afterlife of Socialism

03 Jan 2020 Leave a comment

by Jim Rose in comparative institutional analysis, constitutional political economy, economic history, economics of bureaucracy, income redistribution, industrial organisation, international economics, labour economics, law and economics, Marxist economics, Public Choice, rentseeking Tags:

Transitional economies had a rough start

27 Dec 2019 Leave a comment

Image by Jim Rose

David Friedman and George Shultz – The Soviets, Negotiation and the Pentecostals

17 Dec 2019 Leave a comment

by Jim Rose in defence economics, economic history, economics of bureaucracy, economics of religion, international economics, law and economics, politics - USA, Public Choice Tags:

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NOT A LOT OF PEOPLE KNOW THAT

“We do not believe any group of men adequate enough or wise enough to operate without scrutiny or without criticism. We know that the only way to avoid error is to detect it, that the only way to detect it is to be free to inquire. We know that in secrecy error undetected will flourish and subvert”. - J Robert Oppenheimer.

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