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Australia steady on the fiscal cliff, slipping off the moral edge
The tremors of the world’s economic crisis are never fully resonated in Australia, a country with an advantageous tectonic and fiscal position.
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La crisis no es contagio: es una enfermedad terminal
Abstract: The crisis has not spread, it has not been infected. Rather, it has been revealed in one country and another. It is not contagious as such, as happened in its time with the many plagues that struck Europe. It is rather a capillarity effect of the market. Capital while, almost […]
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We Can’t Be Hit by the Crisis, We’re Always in Crisis
When the financial crisis hit the Western world, a saying spread throughout Macedonia: ‘We can’t be hit by the crisis, we’re always in crisis’ This was very true at the time. The financial crisis of 2007-2008 brought the collapse of powerful financial institutions and caused a downward spiral in the […]
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One man’s story: how unforeseen economic circumstances impact on personal decisions in the developing world
Tom raised some very pertinent questions about the economic crisis and how it affects developed and developing nations alike. One of my friends, Kazim Ali, currently living in Indonesia, has experienced its trickle-down effect on the personal level. I gave him a set of interview questions about his situation when […]
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At Risk of the Flu
“Only a crisis- actual or perceived- produces real change”- Milton Friedman In September 2011, Ron Fouchier of the Erasmus Medical Centre stood at a scientific conference in Malta and announced that he had created a mutated strain of Avian Influenza that could be the deadliest contagious disease in history. Concurrently, […]