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Market Impeders And Market Inefficiencies
Even the most devout proponents of free marketry and hidden hand theories acknowledge the existence of market failures, market imperfections and inefficiencies in the allocation of economic resources......
Similar Editorial : Flea Market by David Leonhardt. | Source : Cash Management

The Revolt Of The Poor: The Demise Of Intellectual Property?
Three years ago I published a book of short stories in Israel. The publishing house belongs to Israel's leading (and exceedingly wealthy) newspaper. I signed a contract which stated that I am entitle......
Similar Editorial : Revolt of the Scholars by Sam Vaknin, Ph.D.. | Source : Cash Management

The Inferno Of The Finance Director
Sometimes, I harbour a suspicion that Dante was a Financial Director. His famous work, "The Inferno", is such an accurate description of the job that it cannot be otherwise. He is fervently hated by ......
Similar Editorial : Director of Business Development by Thomas Cutler. | Source : Cash Management

The Blessings Of The Black Economy
Some call it the "unofficial" or "informal" economy, others call it the "grey economy" but the old name fits it best: the "black economy". In the USA "black" means "profitable, healthy" and this is w......
Similar Editorial : Turning Obstacles Into Blessings by Gerri D Smith. | Source : Cash Management

To Grow Out Of Unemployment
There is a connection between economic growth and unemployment. There is a connection between growth and inflation. Therefore, commonsense (and financial theory) goes, there must be a connection betw......
Similar Editorial : What is Unemployment by Richa Sinha. | Source : Cash Management

Liquidity Or Liquidation
Large parts of the world today suffer from a severe liquidity crisis. The famed globalization of the capital markets seems to confine itself, ever more, to the richer parts, the more liquid exchanges......
Similar Editorial : Developers Feel Liquidity Crunch by John Parker. | Source : Cash Management

The Value Of Stocks Of A Company
The debate rages all over Eastern and Central Europe, in countries in transition as well as in Western Europe. It raged in Britain during the 80s: Is privatization really the robbery in disguise of s......
Similar Editorial : Stocks vs by Markus Heitkoetter. | Source : Cash Management

Workaholism, Leisure And Pleasure
The official working week is being reduced to 35 hours a week. In most countries in the world, it is limited to 45 hours a week. The trend during the last century seems to be unequivocal: less work, ......
Similar Editorial : Entrepreneurship and Workaholism by Sam Vaknin. | Source : Cash Management

Competition Laws
A. THE PHILOSOPHY OF COMPETITION The aims of competition (anti-trust) laws are to ensure that consumers pay the lowest possible price (=the most efficient price) coupled with the highest quality of......
Similar Editorial : DWI Laws and You by Peter Wallander. | Source : Cash Management

The Delicate Art Of Balancing The Budget
Government budgets represent between 25% and 50% of he Gross Domestic Product (GDP), depending on the country. The members of the European Union (Germany, France) and the Scandinavian countries repre......
Similar Editorial : A Balancing Act by Jakob Jelling. | Source : Cash Management

How Do Other Countries Devalue Their Currencies?
Countries devalue their currencies only when they have no other way to correct past economic mistakes - whether their own or mistakes committed by their predecessors. The ills of a devaluation are ......
Similar Editorial : Trend Following Currencies by Kelly Price. | Source : Managing Money

An Evaluation Of The Devaluation
A Minister of Finance is morally right to lie about a forthcoming devaluation and a woman has the right to lie about her age. This is the common wisdom. Rumours about a devaluation of the Macedonia......
Similar Editorial : Educational Evaluation Quality by Luiz Gustavo Arruda. | Source : Managing Money

Going Bankrupt In The World
It all starts by defaulting on an obligation: Money owed to creditors or to suppliers is not paid on time, interest payments due on bank loans or on corporate bonds issued to the public are withheld.......
Similar Editorial : Is America Bankrupt by Liron Rose. | Source : Managing Money

What Could Macedonia Learn From A Tiger? The Asian Tigers And The Phenomenon Of Uninterrupted Economic Growth
The first reaction of economies in transition is a sharp decline in their production, mainly in industrial production. In the countries which attained independence with the demise of the British Empi......
Similar Editorial : Monitoring Macedonia by Sam Vaknin, Ph.D.. | Source : Managing Money

Public Procurement And Very Private Benefits
In every national budget, there is a part called "Public Procurement". This is the portion of the budget allocated to purchasing services and goods for the various ministries, authorities and other a......
Similar Editorial : Strategic Procurement Program by Thomas R. Cutler. | Source : Managing Money

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