Joseph Schumpeter News
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Sony Corp.’s curt dismissal of a foreigner’s advice last week didn’t shock Michael Woodford, the former chief executive officer of Olympus Corp.
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Malaysia’s Anwar Ibrahim struggled to swing voters in government strongholds where his own ethnic group is dominant, thwarting his ambition to take power from a ruling coalition he helped lead before his ouster in 1998.
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In January 1919, as the Allied leaders met in Paris to hammer out a treaty ending World War I, famine and pestilence raged from St. Petersburg to Istanbul. To the Britons and Americans who came to survey the damage, the whole continent seemed to be in extremis.
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Famous economists are often remembered as adversarial eccentrics.
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Private equity is a rapacious destroyer of the middle class. No, it renews American industry by infusing old companies with capital and ideas.
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What’s wrong with Ec 10? The dozens of Harvard University undergrads who walked out of the school’s famous introductory economics course this month think they know.
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The search for lost economic decades has brought us from Japan to the U.S. and Europe in recent years. It’s time to take it to India.
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Many Americans opposed federal bailouts of financial institutions and large corporations. By promoting a “too big to fail” policy, favored businesses can engage in risky, undesirable behavior, while deriving unfair advantages over competitors, all financed by the taxpayer.
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India has a Wal-Mart problem. This may not sound remarkable, considering that China and the U.S. do as well.
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India has a Wal-Mart problem. This may not sound remarkable, considering that China and the U.S. do as well.
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