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	<title>WORLDmag.com &#124; Community &#187; Alex Tokarev</title>
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		<title>Parable of the market</title>
		<link>http://online.worldmag.com/2009/11/17/parable-of-the-market/</link>
		<comments>http://online.worldmag.com/2009/11/17/parable-of-the-market/#comments</comments>
		<pubDate>Tue, 17 Nov 2009 16:33:41 +0000</pubDate>
		<dc:creator>Alex Tokarev</dc:creator>
				<category><![CDATA[Commentary]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[Big Brother]]></category>
		<category><![CDATA[free markets]]></category>

		<guid isPermaLink="false">http://online.worldmag.com/?p=25423</guid>
		<description><![CDATA[Why did Jesus speak so often in parables? One reason, perhaps, is that the people He addressed had never seen the Kingdom of Heaven. Hearing a good parable is the next best thing to understanding through personal experience. Of course, people need to open their hearts and minds to be willing to listen and perceive.
I [...]]]></description>
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		<slash:comments>18</slash:comments>
		</item>
		<item>
		<title>A lesson from the Mississippi Bubble</title>
		<link>http://online.worldmag.com/2009/11/10/a-lesson-from-the-mississippi-bubble/</link>
		<comments>http://online.worldmag.com/2009/11/10/a-lesson-from-the-mississippi-bubble/#comments</comments>
		<pubDate>Tue, 10 Nov 2009 15:39:00 +0000</pubDate>
		<dc:creator>Alex Tokarev</dc:creator>
				<category><![CDATA[Commentary]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[Adam Smith]]></category>
		<category><![CDATA[Adolf Hitler]]></category>
		<category><![CDATA[France]]></category>
		<category><![CDATA[Friedrich von Hayek]]></category>
		<category><![CDATA[Germany]]></category>
		<category><![CDATA[John Maynard Keynes]]></category>
		<category><![CDATA[Mississippi Bubble]]></category>

		<guid isPermaLink="false">http://online.worldmag.com/?p=25176</guid>
		<description><![CDATA[Two of the most celebrated (and denounced) figures in the history of economic analysis are Adam Smith and John Maynard Keynes. Most people believe that Smith single-handedly invented the modern science of economics and that Keynes revolutionized the field with the idea that prosperity comes from spending. Great thinkers, however, do not spring out in [...]]]></description>
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		<slash:comments>15</slash:comments>
		</item>
		<item>
		<title>Metastatic Marxism</title>
		<link>http://online.worldmag.com/2009/11/03/metastatic-marxism/</link>
		<comments>http://online.worldmag.com/2009/11/03/metastatic-marxism/#comments</comments>
		<pubDate>Tue, 03 Nov 2009 15:07:28 +0000</pubDate>
		<dc:creator>Alex Tokarev</dc:creator>
				<category><![CDATA[Commentary]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[Anita Dunn]]></category>
		<category><![CDATA[barack-obama]]></category>
		<category><![CDATA[Chairman Mao]]></category>
		<category><![CDATA[communism]]></category>
		<category><![CDATA[Karl Marx]]></category>
		<category><![CDATA[Maoist]]></category>
		<category><![CDATA[Marxism]]></category>

		<guid isPermaLink="false">http://online.worldmag.com/?p=24950</guid>
		<description><![CDATA[Ideas have consequences. Some ideas are mightier than swords. Deadlier too. As Terry Pratchett warns: “Unfortunately, wild and unstable ideas have a disturbing tendency to move around and take hold.” Some of the wildest and most devastating ideas came from Karl Marx. Twenty years after the fall of the Berlin Wall, those ideas still corrupt [...]]]></description>
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		<slash:comments>37</slash:comments>
		</item>
		<item>
		<title>Facts about the Great Depression</title>
		<link>http://online.worldmag.com/2009/10/27/facts-about-the-great-depression/</link>
		<comments>http://online.worldmag.com/2009/10/27/facts-about-the-great-depression/#comments</comments>
		<pubDate>Tue, 27 Oct 2009 16:23:29 +0000</pubDate>
		<dc:creator>Alex Tokarev</dc:creator>
				<category><![CDATA[Commentary]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[Federal Reserve]]></category>
		<category><![CDATA[gold standard]]></category>
		<category><![CDATA[government]]></category>
		<category><![CDATA[Great Depression]]></category>

		<guid isPermaLink="false">http://online.worldmag.com/?p=24711</guid>
		<description><![CDATA[What caused the Great Depression? Many still believe that it was the greed of the unrestricted market, but the facts tell a different story. Three kinds of government interventions played a major role. One: Countries returned to the gold standard in the mid-1920s but the asymmetry of response to gold flowing between them had a [...]]]></description>
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		<slash:comments>38</slash:comments>
		</item>
		<item>
		<title>Institutional economics going mainstream</title>
		<link>http://online.worldmag.com/2009/10/20/institutional-economics-going-mainstream/</link>
		<comments>http://online.worldmag.com/2009/10/20/institutional-economics-going-mainstream/#comments</comments>
		<pubDate>Tue, 20 Oct 2009 14:55:04 +0000</pubDate>
		<dc:creator>Alex Tokarev</dc:creator>
				<category><![CDATA[Commentary]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[government]]></category>
		<category><![CDATA[Nobel prize for economics]]></category>

		<guid isPermaLink="false">http://online.worldmag.com/?p=24487</guid>
		<description><![CDATA[(Note: Read the first and last paragraphs only if you have a sense of humor.)
Elinor Ostrom and Oliver Williamson won this year’s Sveriges Riksbank Prize in Economic Sciences in memory of Alfred Nobel for their significant contributions in the field of institutional economics. I am especially delighted by the recognition of the value of Dr. [...]]]></description>
		<wfw:commentRss>http://online.worldmag.com/2009/10/20/institutional-economics-going-mainstream/feed/</wfw:commentRss>
		<slash:comments>11</slash:comments>
		</item>
		<item>
		<title>Krugman&#8217;s fractured fairy tales</title>
		<link>http://online.worldmag.com/2009/10/13/krugmans-fractured-fairy-tales/</link>
		<comments>http://online.worldmag.com/2009/10/13/krugmans-fractured-fairy-tales/#comments</comments>
		<pubDate>Tue, 13 Oct 2009 13:58:39 +0000</pubDate>
		<dc:creator>Alex Tokarev</dc:creator>
				<category><![CDATA[Commentary]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[barack-obama]]></category>
		<category><![CDATA[government]]></category>
		<category><![CDATA[Keynesian]]></category>
		<category><![CDATA[Nobel prize for economics]]></category>
		<category><![CDATA[Paul Krugman]]></category>

		<guid isPermaLink="false">http://online.worldmag.com/?p=24283</guid>
		<description><![CDATA[My distinguished colleague Paul Krugman has obviously decided to turn all mainstream economics textbook analyses upside down. Starting with a preconceived conclusion, he demonstrates willingness to grab at any odd argument in an effort to justify the policies of waste that have exploded under the current administration. The latest concept that Krugman tries to revolutionize [...]]]></description>
		<wfw:commentRss>http://online.worldmag.com/2009/10/13/krugmans-fractured-fairy-tales/feed/</wfw:commentRss>
		<slash:comments>240</slash:comments>
		</item>
		<item>
		<title>Macroeconomics vs. real life</title>
		<link>http://online.worldmag.com/2009/10/06/macroeconomics-vs-real-life/</link>
		<comments>http://online.worldmag.com/2009/10/06/macroeconomics-vs-real-life/#comments</comments>
		<pubDate>Tue, 06 Oct 2009 13:53:18 +0000</pubDate>
		<dc:creator>Alex Tokarev</dc:creator>
				<category><![CDATA[Commentary]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[capitalism]]></category>
		<category><![CDATA[deficit]]></category>
		<category><![CDATA[government]]></category>
		<category><![CDATA[John Maynard Keynes]]></category>
		<category><![CDATA[Paul Krugman]]></category>

		<guid isPermaLink="false">http://online.worldmag.com/?p=24025</guid>
		<description><![CDATA[Economist Paul Krugman claims that, “the worst thing we can do for future generations is not to run sufficiently large deficits right now.” Obviously, under the current very unusual economic conditions, it no longer makes sense to view the sharp increase in our national indebtedness as a bad thing. How did such nonsense invade the [...]]]></description>
		<wfw:commentRss>http://online.worldmag.com/2009/10/06/macroeconomics-vs-real-life/feed/</wfw:commentRss>
		<slash:comments>164</slash:comments>
		</item>
		<item>
		<title>How to Encourage Waste</title>
		<link>http://online.worldmag.com/2009/09/29/how-to-encourage-waste/</link>
		<comments>http://online.worldmag.com/2009/09/29/how-to-encourage-waste/#comments</comments>
		<pubDate>Tue, 29 Sep 2009 14:40:32 +0000</pubDate>
		<dc:creator>Alex Tokarev</dc:creator>
				<category><![CDATA[Commentary]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[barack-obama]]></category>
		<category><![CDATA[Department of Education]]></category>
		<category><![CDATA[Department of Health and Human Services]]></category>
		<category><![CDATA[Dwight D. Eisenhower]]></category>
		<category><![CDATA[Education]]></category>
		<category><![CDATA[george-w.-bush]]></category>
		<category><![CDATA[Health]]></category>
		<category><![CDATA[HEW]]></category>
		<category><![CDATA[Jimmy Carter]]></category>
		<category><![CDATA[welfare]]></category>

		<guid isPermaLink="false">http://online.worldmag.com/?p=23719</guid>
		<description><![CDATA[Established in 1953 by President Eisenhower, the United States Department of Health, Education, and Welfare has since been showered in the tender mercies of several administrations. This mega-agency got stuffed with taxpayers’ money the way my wife stuffs our suitcases before our trips to Bulgaria. With more than a hundred thousand paper-pushers affecting the life [...]]]></description>
		<wfw:commentRss>http://online.worldmag.com/2009/09/29/how-to-encourage-waste/feed/</wfw:commentRss>
		<slash:comments>18</slash:comments>
		</item>
		<item>
		<title>Europe turning to the right</title>
		<link>http://online.worldmag.com/2009/09/22/europe-turning-to-the-right/</link>
		<comments>http://online.worldmag.com/2009/09/22/europe-turning-to-the-right/#comments</comments>
		<pubDate>Tue, 22 Sep 2009 15:59:41 +0000</pubDate>
		<dc:creator>Alex Tokarev</dc:creator>
				<category><![CDATA[Commentary]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[barack-obama]]></category>
		<category><![CDATA[Bulgaria]]></category>
		<category><![CDATA[communist]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[European Union]]></category>
		<category><![CDATA[José Manuel Barroso]]></category>
		<category><![CDATA[socialist]]></category>

		<guid isPermaLink="false">http://online.worldmag.com/?p=23472</guid>
		<description><![CDATA[José Manuel Barroso, a 53-year-old former Portuguese prime minister, was re-elected president of the European Union Commission last week. The success of this center-right leader was no surprise. An overwhelming majority of the Europeans voted in local, national, and supranational elections during the last few months for candidates sharing a core of classical liberal ideas.
Last [...]]]></description>
		<wfw:commentRss>http://online.worldmag.com/2009/09/22/europe-turning-to-the-right/feed/</wfw:commentRss>
		<slash:comments>9</slash:comments>
		</item>
		<item>
		<title>Capitalism and greed</title>
		<link>http://online.worldmag.com/2009/09/15/capitalism-and-greed/</link>
		<comments>http://online.worldmag.com/2009/09/15/capitalism-and-greed/#comments</comments>
		<pubDate>Tue, 15 Sep 2009 16:00:06 +0000</pubDate>
		<dc:creator>Alex Tokarev</dc:creator>
				<category><![CDATA[Commentary]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[capitalism]]></category>
		<category><![CDATA[covetness]]></category>
		<category><![CDATA[marriage]]></category>
		<category><![CDATA[sex]]></category>
		<category><![CDATA[tenth commandment]]></category>

		<guid isPermaLink="false">http://online.worldmag.com/?p=23212</guid>
		<description><![CDATA[“Capitalism depends on covetousness and rewards greed.”
This is the most often repeated argument against economic freedom. When swallowed, it might turn anyone’s admiration for the prosperity of the West into deep suspicion and even religious hatred. Is there any merit in that idea? To answer the question, I’d like to talk briefly about sex.
In many [...]]]></description>
		<wfw:commentRss>http://online.worldmag.com/2009/09/15/capitalism-and-greed/feed/</wfw:commentRss>
		<slash:comments>83</slash:comments>
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