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Sam Vaknin's Articles in World-Affairs

How the East will Ruin the West
As local currencies depreciate, debts, denominated in foreign exchange, grow more expensive to service.
Landlocked Countries and Growth
In April 1998, John Luke Gallup and Jeffrey Sachs, published a seminal study titled "Geography and Economic Growth". The two eminent development economists concluded that "location and climate have large effects on income levels and income growth through their effects on transport costs, disease burdens, and agricultural productivity."
Impact of Minimum Wage on Germany's Economy
Germany is debating the introduction of a minimum wage. The country is a special case because it is a hybrid capitalist-socialist economy and it has the Mittelstand (family-controlled small and medium enterprises). Labor mobility is limited (the labor market is not ideal or frictionless).