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The history of economics is a spicy cocktail of ideas and dreams, of human errors and strong views, of irrational and strategic choices. It is filled with innovations, discoveries, and accidents that ignited trade, made and broke bankers and merchants, corrupted religious men, and formed politicians. In example after example, Legends and Myths in Economics shows that money, sex, and ego are the three big engines that have driven mankind. This book is a short presentation of legends and myths in economics. Its stories range from the economic crisis in Rome that led to its invasion of Egypt to Christopher Columbus's happy mistake in discovering America. Its characters include everyone from the pirates of the Spanish Main to Levi Strauss, inventor of blue jeans. Rendered in this way, the dismal science needn't be so dismal after all.
With the promulgation of the motu proprio Mitus iudex Dominus Jesus for the Latin Church and the motu proprio Mitis et misericors Jesus for the Eastern Catholic Churches, both dated August 15, 2015, Pope Francis addressed the calls during the Third Extraordinary General Assembly of the Synod of Bishops (October 5-19, 2014) for a simplified procedure for the declaration of the nullity of marriages. Pope Francis introduced a briefer process to be conducted by the diocesan bishop and he simplified the current ordinary nullity process. The new procedural norms went into effect on December 8, 2015. New legislation always challenges first and foremost the practitioner: how is the new legislation t...
Central banking has a long and colourful history from which important lessons can be drawn. This book reviews the policy objectives and financial operations of 25 central banks established before 1800 to show that many of today's central banking controversies date as far back as this time.
The South China Sea is a classic Mediterranean sea-structure with a long history of populations living in the basin and taking advantage of a permanent trading activity interrupted by some dramatic war moments. The Chinese preponderance on the development and the history of the basin has been a permanent element of both equilibrium and dilemma. Political and military tensions are heating up with a sharp increase in commercial relations amongst the regional countries and the great international powers.
This issue of the Geostrategic Maritime Review gives the reader some background and depth on the history of the Baltic Sea region. The studied topics are the geostrategic situation, the geopolitical and geoeconomic stakes of logistic hubs in the Baltic states, and finally, the digitalization and modernization of European transportation and the roles that the US, Russia and the EU play together to ensure national, economic and energy security in Eurasia.
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