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milton friedman

A collection of 3 posts
Low and steady wins the race
central banks

Low and steady wins the race

Following the 1979 OPEC crisis, governments from developed countries across the globe recognised the need to bring inflation – the rate of increase in prices over time – under control. Sparked by a decrease in oil output due to the Iranian revolution, oil prices rose from USD$15.85 to USD$39.
May 6, 2015 4 min read
Central bank

Economics in the pub: money supply and inflation

It was the summer of 2012 and I was at the pub enjoying myself with friends when I encountered an interesting young gentleman sporting a black t-shirt stamped with the slogan “911 was an Inside Job”. He was an acolyte of former US congressman Ron Paul and an avid listener
Sep 13, 2014 3 min read
What Gets Measured gets Done
corporate social responsibility

What Gets Measured gets Done

I personally a priori do not expect from a business neither any good will, nor morality or nobleness. We have some exceptions in business world but they just prove the rule. As long as there are shareholders’ interests and goals of profit maximization, businesses will be always after new possibilities
Oct 11, 2012 3 min read
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