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THE BRADY PLAN AND MARKET-BASED SOLUTIONS TO DEBT CRISES
BRADY PLAN MARKET-BASED SOLUTIONS DEBT CRISES
2008/11/19
At the end of the 1980s—the so-called “lost decade” in Latin
America—the incoming Bush administration devised the Brady Plan,
a new U.S. strategy that emphasized debt-forgiveness for highly
indebte...
MARKET-BASED EDUCATION: WHAT CAN WE LEARN FROM UNIVERSITIES?
MARKET-BASED EDUCATION American universities
2008/11/6
There is a widespread perception that American universities are
the best in the world, dominating the Nobel laureate affiliations and
luring foreign students from throughout the world. Yet virtually...
In this article, we reconsider the rationale for government regulation
of markets. We begin by identifying markets as governed not only
by prices but also by evolved institutions, rules, and standar...