Sat 20 Aug, 2011 08:05 pm - Again, the bubble can be attributed to a short-circuit between the value of assets and the act of valuation. This short-circuit is called the wealth effect.
WHAT does "SHORT-CIRCUIT "... (view)
Wed 17 Aug, 2011 06:23 am - In any case, an open society needs to be constantly redefined by the people who live in it, otherwise it might become a definitive design.... (view)
Sat 13 Aug, 2011 09:36 pm - Then I had a taste of the Soviet regime, with all its quirks and excesses, before I left Hungary and became a student in London School of Economics. What does "with all its quirks and... (view)
