Economics

Critical Crisis

Monday, October 06, 2008 

As it has become common place to criticize capitalism in the current crisis - forgetting the huge responsibilities of politics - we have decided to post this new section on the crisis. You will find articles by scholars from the Cato Institute who had anticipated the current crisis for a while.

Zimbabwe's Economy Cannot Recover Without Drastic Monetary Reform

June 25, 2008

To stop hyperinflation, the Reserve Bank of Zimbabwe should be replaced with a currency board, “dollarization,” or free banking

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