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ISET Economist Blog

A blog about economics in the South Caucasus.
Jun
15

World of EconoBlogs

Best day of the week – best links from Giorgi! 1.  A short note about inflation targeting pros and cons from Economics Blog. 2.  Bloomberg tells us how the banks really became “too big to fail”. 3.  The Economist tells us about of yet another reason to envy China. At least, from the India’s point of view. 4.  Noah Smith tells us, what the college education is really about. 5.  Nick Rowe has a new (at least for economists) meaning for the word “nonlinearity” and tells us what problems are there with linear and nonlinear presen...
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Jun
08

World of EconoBlogs

TGI Friday – let’s see, what have economist bloggers and blogging economists prepared for us! 1.  Interesting examples of perverse incentives from Mark Perry. Can you think of other examples? 2.  How companies are replacing oil – from LA Times and Startribune. Again, examples from our reader would be appreciated. 3.  Not exactly a blog post but an ingenuous business idea. Shall South Caucasus offer its united forces for sale too? J 4.  What happens, when policymakers don’t know their Econ 101, from EclectEcon. 5.  Pros and co...
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Jun
05

Are Georgian Village Communities able to Organize Themselves?

This week marks the first anniversary of the “ISET Khachapuri Index” in The Financial. During the last 12 months, our faithful readers have followed the ups and the downs of the index, and learned many economics lessons in the process. The sharp seasonal fluctuations of the Khachapuri Index are very much reflective of the state of Georgian agriculture: fragmented, unorganized and underdeveloped. The roller coaster of agricultural production is no great fun for consumers and small Georgian farmers alike. When bringing their products to the bazari in high...
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Jun
02

World of EconoBlogs

Another Friday – and a slightly overdue post with the news from all around econoblog-world. Some of my favourite bloggers seem to have taken a hiatus – hence the somewhat short post today. 1.  Let’s start with some description of future events, were the Greece to leave the Euro. 2.  And talking of the devil – a survivor’s guide for the end of the Euro itself, from the Baseline Scenario. 3.  The Economist’s Free Exchange blog has a nice post on the “Facebook economy”. 4.  And the same blog has a long but very interesting discussion ...
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