Posts Tagged bankruptcy
Pushing Business to Emerging Markets
It is the end of the World as we know it. When politicians start interfering with the mechanisms of entrepreneurship, the game is over. This is not to say that entrepreneurs will be unable to find a way to bring their dreams to reality. It just means that it won’t happen in places where the [...]
OPEC and the Folly of Market Intervention
The folly of market intervention by governments and monopolies can best be illustrated by that of OPEC. Although recently proposed cuts in production by OPEC members and non-OPEC producers like Russia will certainly raise the price of oil…at least temporarily…they have side effects that are contrary to the interests of those same producers.