There was an interesting study published in the Economist (March 15, 2008 pp 83-85), a conservative news magazine read around the world, that disclosed an incredibly close correlation between the “rule of law” and the health of the economy. It turns out that laws, rules and enforcement create a culture of integrity, civility and good faith. […]

Tags: currency, Economist, economy, euro, morality, Rothbard, rule of law, Von Mises
Posted in bubble, Corruption, Eviction, securities fraud |