Tag: exchange
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Bono, Capitalism, and Foreign Aid
Forbes had an interesting article about Bono, Bono's 'Humbling' Realizations About Aid, Capitalism And Nerds last week. Bono has learned much about music over more than three decades with U2. But alongside that has been a lifelong lesson in campaigning — the activist for poverty reduction in Africa spoke frankly on Friday about how his views…
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What is the Economic Question?
What is the principal question economics seeks to answer? That question to be answered has changed over time as the world economy has evolved. It is morphing even now. I recently finished James Halteman and Edd Noell's excellent new book Reckoning with Markets: Moral Reflection in Economics. I like the following historical summary they offered…