Tag Archives: economy

My new love … Estonia

It seems I don’t like not only large corporations but also large countries. They seem to me too clumsy and their feeling of the self-importance a bit overrated.

Why a single person is supposed to live within own incomes, but the whole state is not?

And I wish my country had such a president! :)

Krugmenistan vs. Estonia: http://www.businessweek.com/articles/2012-07-19/krugmenistan-vs-dot-estonia


Why I hate socialism. Game Theory

“People are starving because nobody wants to work.”

“The Marxist model “To each according to his needs; from each according to his ability” […] it is a beautiful idea! I subscribe to that idea fully, I’m in favour of it! […] I’m not joking. […] There is only one thing wrong with it, only one little thing… and that is it doesn’t work.”

War and Peace. Israel ASC 2012 Robert J. Aumann (Nobel Laureate — Economics 2005)

I just love this guy! :) :)

I hate socialism because it doesn’t work, yet instead presents the brilliant deceptive ideology.