Armchairs:
Could you please describe in layman's how does fiat money work?
It is money based on regulation right? But is there a regulation that
determines its value?
Thanks
how about by that of church and ware? any comments?
At 09:37 PM 08-07-02 +0100, you wrote:
> > The industrial organization textbook by Carlton and Perloff is good on
> > issues of price discrimination, quantity discounts etc.
> >
> > Alex
>
>
>Sadly, I find Advanced Industrial Economics, by Steph
Howdy,
Has anybody read "The Silent Takeover: Global
Capitalism and the Death of Democracy" by Noreena
Hertz? If so, is it any good?
Curiously yours,
jsh
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> The industrial organization textbook by Carlton and Perloff is good on
> issues of price discrimination, quantity discounts etc.
>
> Alex
Sadly, I find Advanced Industrial Economics, by Stephen Martin (Blackwell
1993) a much better book in many ways. Although Carlton is a hugely
talented econ
Italy's restrictions on firing employee's are so bad that a bank was
prevented from firing a money launderer and it are so entrenched that
recent attempts to reform the system have led to the assasination of the
reformers. See Alan Krueger's piece
http://www.nytimes.com/2002/06/27/business/2
