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Poanta Zilei

#Cum poți să-i acuzi pe bucureșteni că poluează și să întârzii cu cincinalele infrastructura “antipoluantă” promisă?
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Written by Ionut Balan

#Cum poți să-i acuzi pe bucureșteni că poluează și să întârzii cu cincinalele infrastructura “antipoluantă” promisă?

Nu se poate să abandonezi elementele de infrastructură începute sau proiectate și să dai vina pe poluator pentru neputința ta de a administra

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If the Retirement Age Reaches 70, How Much Does Youth Unemployment Rise?
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Written by Ionut Balan

If the Retirement Age Reaches 70, How Much Does Youth Unemployment Rise?

Adam Smith postulated that the prime requisite for the prosperity of a nation is a growing population.

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Collectivization started in 1921
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Written by Ionut Balan

Collectivization started in 1921

Romania was Europe’s biggest grain producer, but only up until the 1921 agricultural reform

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A Dead Painter Is Non-Inflationary
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Written by Ionut Balan

A Dead Painter Is Non-Inflationary

Van Gogh sold nothing during his lifetime, while Hitler was able to make a living from painting. But...

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Before macro central planning
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Written by Ionut Balan

Before macro central planning

If we looked up information about the evolution of inflation and the GDP in the inter-war statistics directories, we wouldn’t find anything

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Working From Home, Harassing From Home
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Written by Ionut Balan

Working From Home, Harassing From Home

To resume the “new normal”: there is no more sex, just sexual harassment

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The State Aids the Increase of the Inventory Turnover
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Written by Ionut Balan

The State Aids the Increase of the Inventory Turnover

Average Joe sometimes feels the urge to ask why do national economies, as reflected in the GDP, need to grow every year?

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Ultima dorinţă de Isac Lazarovici
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Written by Ionut Balan

Ultima dorinţă de Isac Lazarovici

Când Geţii au cedat petrolul/Unui consorţiu Cuţo-Vlah/El a zvârlit acţiuni pe piaţă/Fiindcă i-a bănuit în crah

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Stock exchange after the Great Union. What were the interwar blue chips?
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Written by Ionut Balan

Stock exchange after the Great Union. What were the interwar blue chips?

The general public knows next to nothing about Romania’s inter-war economic history

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Comment sait-on que l’on vit en féodalisme?
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Written by Ionut Balan

Comment sait-on que l’on vit en féodalisme?

Le capitalisme signifie le roulage permanent des élites : les pauvres s’enrichissent et les descendants des riches perdent leurs fortunes

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Potemkin Capitalism
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Written by Ionut Balan

Potemkin Capitalism

Romania is frozen in obedience and fear

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Corporatism, A Fascist Doctrine
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Written by Ionut Balan

Corporatism, A Fascist Doctrine

On a free market, characterized by competition, need is the best teacher

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The Stock Exchange Should Return Home At Ghica Street and Doamnei Street
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Written by Ionut Balan

The Stock Exchange Should Return Home At Ghica Street and Doamnei Street

Around 1860, the bankers and merchants of Bucharest would gather at Hanul cu Tei ('The Linden Inn'), where they traded coins and other valuables.

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Orwell + Huxley = China, the Guilty Temptation of the “Free World”
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Written by Ionut Balan

Orwell + Huxley = China, the Guilty Temptation of the “Free World”

The two complementary avatars of the 20thcentury totalitarianism found their final literary expression in two novels: George Orwell’s ‘1984’, and Aldous Huxley’s ‘Brave New

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Diagnostic: Instinct Dilution!
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Written by Ionut Balan

Diagnostic: Instinct Dilution!

I don’t know whether now, when some recommend a rewriting of economy books, it makes any sense to discuss rational expectations

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