It is hard, if not downright impossible, to gain the upper hand in a debate with a logician who is a walking, and talking, encyclopaedia to boot. Noam Chomsky, a self-styled anarcho-syndicalist and a linguist of great distinction, is not easily swayed and
Has the time come to consider phasing out anonymous paper currency, starting with large-denomination notes? Getting rid of physical currency and replacing it with electronic money would kill two birds with one stone.
Kiev is feeling emboldened by the successful election of a new Ukrainian president and a bloody surge against separatists in the east, but in just a few days, Russia says it will twist the gas spigot, and there's very little Kiev can do to stop that.
This paper summarizes a one-day conference of US experts on Africa convened in January 2005 and sponsored by the National Intelligence Council (of the United States) to discuss likely trends in Sub-Saharan Africa over the next 15 years. Participants were
Amidst the deepening war of words over Moscow's annexation of Crimea, U.S. President Barack Obama on April 28 added more Russian individuals and companies to a sanctions list that already included influential members of Russian President Vladimir Putin's
Looking back, it was easy to see that the crash was coming. There had been too much cheap money. Debt had exploded. Speculation was rife. The gap between rich and poor had widened. Welfare spending had risen. The financial system was so stretched that eve
If it's every investor's goal to buy low and sell high, then why is gold still on almost everyone's "sell" list?
It's been difficult to make Money in commodities this year, none more so than with the yellow metal, which has tumbled 22.9 percent to $1,2
The stock market seems to have made up its mind about the future of U.S. gun control laws.
There are only two publicly traded gun makers, the stock prices of which have both tumbled since Friday, when 26 people were shot to death in Newtown, Conn., inc
This week saw the launch of a Monopoly board based on Lagos, the first time the game has been customised for a city in Africa. The metropolis is one of the fastest growing cities in the world and littered with landmarks, a game-maker’s dream.
ON A Monday evening in Lagos, Nigeria’s commercial capital, a group of investors, bloggers, tech people, bankers, and government officials gathered at the Wheatbaker Hotel for the launch of the “Lagos Angel Network”. Tomi Davies, an IT consultant and one
Ed writes the popular economics blog Ed Dolan's Econ Blog and has just recently released a book:TANSTAAFL (There Ain't No Such Thing As A Free Lunch) - A Libertarian Perspective on Environmental Policy, which you can find out more
The World Bank expects a soft recovery, with global growth of 2.5%. But within that there appears to be a clear divide between developing economies, which are forecast to grow by 5.3%, and advanced economies by just 1.4%.
Of all characteristics that made the 2007-2008 financial crisis unique, one stands out: The simultaneous decline of almost every asset category. US stocks dropped 37 percent, German stocks 42 percent, and Chinese stocks 62 percent; commodities dropped 37
In reporting on the FOMC meetings, "Helicopter Ben" announced that the Fed is going to do the same old thing and expect better results: It's going to hold interest rates near zero as far as the eye can see ... And it's going to print $40 billion new dolla
The more money high-net-worth investors have, the more advisers they tend to accumulate: attorneys, accountants, financial planners, money managers, insurance agents, personal bankers. Corralling all of them can feel like a full-time job.
We are all familiar with the convenience of credit and debit cards, and there’s no denying that they’re the preferred method of payment for many transactions. But sometimes good old hard currency is preferable. (Although maybe not pennies.) Here are four
This paper reports data that forms part of a program of research exploring the experiences of Ghanaian consumers after the re-denomination of Ghana's currency in July 2007. Justified and publicized as being good for the country, the redenomination had sig
The dreaded v-word volatility has returned with a vengeance. How will you know when it is safe to tiptoe back into the markets? While advisers caution against depending on any one measure or using them to time the market many have a favorite statistic