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The authors of Why Nations Fail, Daron Acemoglu and James A. Robinson, make clear that a nation's prosperity is not dependent on aid from abroad in their book. The authors contend that no amount of donations, aid or other financial support can maintain a nation, much less reform it. Of course, there
In the past two decades, Zimbabwe has changed its currency six times. Each time the currency was rebased or changed, the worst affected people were pensioners.
One day, I will have the courage to ask the immaculate Ooni of Ife, Oba Enitan Ogunwusi, how he feels each time he travels on the horrible...
David Ricardo, one of the founders of modern economics in the early 1800s, understood that machines are not necessarily good or bad. His insight that whether they destroy or create jobs all depends on how we deploy them, and on who makes those choices, could not be more relevant today. Artificial intelligence and the threat that it poses to good jobs
The Turkish-American researcher dismantles clichés. He argues that capitalism is based on the mistaken idea that human beings need to consume, when what they really need is to participate