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The Biggest Banks Seem “Too Big to Jail”
Ordinarily, people face far greater punishment each time they commit another crime. Federal sentences for recidivists go up dramatically. But like green-shaded teflon dons – mobster John Gotti’s nickname...
Contents of the ‘Free’ Public Domain Adding Economic Value
It’s frequently claimed that copyright law should be made more restrictive and copyright terms extended in order to provide an incentive for content creators. But with growing use of...
If Oil is so Cheap, then Why isn’t Gasoline?
Crude oil prices have dropped dramatically since last summer. Strangely, over the same time period, gasoline prices have fallen much less. If a barrel of oil today costs less...
Chilean ATM’s are Critical to the Cash Flow Ecosystem and They are Disappearing
For more than a year now, Chileans have endured a crisis of cash access. Despite global moves toward new forms of payment such as contactless and mobile transfers, the...
Australia’s View of the Potential Closure of the U.S. Export-Import Bank
Both sides of US politics are mooting the closure of the US Export-Import Bank. Commonly known as the Ex-Im bank, it helps support US exporters and the buyers of...
The U.S. has Yet to be Dethroned as the World’s Top Arms Exporter
One of the features of the 21st century, particularly since the 2008 financial crisis, has been the increasing number of rankings in which the United States is no longer...
Singapore’s Lee Kuan Yew was a Man with a Mission
Lee Kuan Yew, the founding father of one of Asia’s smallest but most developed economies, has died. Lee led Singapore after its separation from Malaysia to emerge as one...
Large and Small Businesses Have their Place Driving Economic Growth
Last August, South Main Kitchen, a little restaurant in Alpharetta, Georgia, a small town outside of Atlanta, opened its doors near my wife’s office. Julie, and I, and our...
Greece May be Over-relying on Game Theory
As Greece prepares to go head to head with Germany again in a bid to settle rancorous talks over its debt burden and austerity policies, it can all sometimes...
Is the U.S. National Debt Relevant?
The rate of growth of the US federal government’s debt load has slowed of late, but its level remains high. As of the end of 2014, total US Treasury...