In contrast to an ancient agrarian economy, the developing economy presented many risks and costs for lenders, and the idea of what was fair and just in money lending had to change.
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World News
As President Trump racks up defeat after defeat before the federal courts, the legacy media claims that federal judges are protecting us from government overreach. In reality, government overreach as we know it has been made possible by the federal judiciary.
The fight against lab-grown meat has picked up considerable steam over the past year, with multiple states now prohibiting its manufacture, sale, and distribution.
Frederic Bastiat understood better than most how free markets and market prices actually promote social harmony. And unlike most, he understood why Paris, which had little agricultural land, had plenty of food for its inhabitants.
Even a small move toward markets has greatly improved Argentina’s economy. But there is still no sign that any other SA regime is interested.
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