Tag Archives: George W Bush

States as coordination problems

Economist David Friedman’s theory about the size and shape of nations leads him to postulate that the increased importance of labour income–a result of the Industrial Revolution: one of the ironies of history is that greatly increased propensity to produce capital increases both the scale (through increased demand) and then the average income (through increased relative scarcity) […]

Copa Havana

Former Cuban leader Fidel Castro has said that he decided to step down and transfer power to his younger brother, Raul, because he was diagnosed with a fatal illness in 2006. In an article published to mark his 87th birthday, Fidel Castro said he didn’t expect to survive the stomach ailment and live for so […]