Asia and the Eastern European nations are in a state of economic turmoil. An important element for improvement is that Western nations open their markets to more trade. This is in fact what the West could have done after the fall of the Berlin Wall. But petty shortsightedness of the governing...

Radio show interview of expert in economics, on the role of central banks, and how various strategies result in inflation, deflation, recession and depression. Helps individual investors understand some of the current forces at work on the dollar and the euro, and retirement savings.

Last decades show a Productivity Slowdown at the macro level, but at the micro level we have seen a huge attention for business economics and operations management and we now have a decade of booming stock markets. This paper tries to tackle that paradox by singling out the issue of Efficient...