G20 meeting today

Today in Washington there is going to be a meeting of so called “G20″ group. These are 19 largest world economies and the European Union. The heads of states are going to discuss on the financial crisis. Well, this is a good example of what politicians tend to do when a crisis appears. They say there [...]

Does the Crisis mean a failure of the “free market”?

Many experts and economists say, that the financial crisis proved that the “free market” is not so efficient as everyone thought and that there should be more regulations to ensure stability of the economy. They say the market can’t be left alone and that the 2008 crisis means a “failure” of the market. You have [...]