capitalism

Capitalism — yes or yes?

Two weeks ago, I said that I was going to make only one prediction this year. Well, I'm sorry, I can't resist a second one. This, however, is not a prediction about 2012, but instead about the year 2052.

Vorhersage

widerstehen

What explains the continued appeal of gold? And will capitalistic reforms save socialism in Cuba?

Golden reforms

This week, we look at media comment on the continued rise in the price of gold, and on economic reforms in Cuba.

News: Going deeper

Getting to work in Beijing has become easier than ever, thanks to improvements in underground transportation. Over the next seven years, the Beijing subway is set to grow by 370 kilometres.

Capitalism in trouble? (2)

You can't judge a book by its cover. I discovered how true this is recently when I bought a book with a beautiful and funny cover that had monkeys hanging on a graph. Unfortunately, the message inside wasn't nearly as funny or beautiful.

man darf Sachen oder Personen nicht gleich vom ersten Eindruck her beurteilen

Diagramm, grafische Darstellung

Capitalism in trouble? (1)

I knew that capitalism was safe almost as soon as I arrived at Munich airport last Friday. There in front of me was proof of the resilience of an economic system based fundamentally on the idea of free markets and invididual property rights.

Belastbarkeit, Stabilität

The profit problem

Profits are falling, companies are cutting back on their investments, and large numbers of jobs are being lost. That's what happens in a recession and it is nothing to laugh about. So why did recent news of lower profits make me smile?

reduzieren

No end in sight

Many on the far left think the current financial crisis is the answer to all their dreams. Poor fools.

Serves you right!

One shouldn’t feel good when things don’t go well for others. But sometimes it’s difficult not to, as in the case of Russia's recent financial problems.

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