2013

Yugoslavia Could Have Been a Leader

In the early 1980s, the citizens of Yugoslavia enjoyed a distinct comparative advantage over their counterparts in East-Central Europe. Yugoslavia’s per capita GDP was the best in the region. True, $3,230 might not sound like a lot of money, but the closest competition in 1982 was Czechoslovakia at $2,980. By comparison, Poland’s was only $1,540… Continue reading Yugoslavia Could Have Been a Leader

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Heading East

When the Berlin Wall fell, a tremendous number of people headed for the West, permanently. Between 1989 and 1990, nearly 4 percent of the population of East Germany moved to West Germany. The outmigration rate dropped considerably once the new common German currency was introduced and reunification became an irrevocable fact. But it rose again… Continue reading Heading East

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State v. Market

The last century has witnessed an enormous tug-of-war between the state and the market. One hundred years ago, coming out of World War I, three successive Republican administrations in the United States embraced the laissez-faire principle of limited government involvement in the market, a view that found considerable resonance among classical liberal economists and politicians… Continue reading State v. Market

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Challenging Gentrification

Certainly 1989 was a watershed year for politicians, political scientists, and human rights activists in East-Central Europe. But the people that really must have felt the ground shake beneath their feet were: real estate developers. Just imagine all the amazing housing stock that suddenly became available in the heart of beautiful historic cities: medieval buildings,… Continue reading Challenging Gentrification

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The Cancer in the Middle of Europe

There’s no goose-stepping in the streets. There are no curfews or explicit censorship or martial law. The cafes, in fact, are full of happy, laughing people. Tourists continue to flood the country. If you don’t speak Hungarian and if you don’t speak to Hungarians, you could visit Budapest and believe that you’re in just another… Continue reading The Cancer in the Middle of Europe

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