Alex Tokarev

Alex is a former WORLD contributor.

Hopelessly inadequate debt debates

Economy
by Alex Tokarev
Posted 4/19/11, 02:59 pm

Read more

Sweden: A myth past its expiration date

Economy
by Alex Tokarev
Posted 4/12/11, 03:16 pm

Focusing on macroeconomic data and dubious international social rankings ("best places to live") based on the so-called "human development index" and similar "quality of life" metrics does not even begin to tell the true story of Sweden, the United States, or any other country. New institutional economists like me are aware that we cannot explain differences in economic outcomes without a bit of historical and cultural research.

Read more

Shut it, but only to save it

Economy
by Alex Tokarev
Posted 4/05/11, 05:30 pm

A cataclysmic war rages in Congress over the federal budget. But it is no longer the 20th century conflict of irreconcilable ideas (Keynes's idea of spending as a cure for recession vs. Hayek's belief in letting the market liquidate the consequences of malinvestment). Both sides seem aware that continuing down the road of the "stimulus" will force our children to learn Chinese.

Read more