More on the Falling Rial from Djavad Salehi-Isfahani

Virginia Tech economist Djavad Salehi-Isfahani’s recent explanation of the rial situation in Iran generated a lot of attention, and much in the way of non-expert criticism, likely because it deviates considerably from the prevailing narrative on Iran’s economy: it’s about… Continue Reading  

A Walmart for Libya

Last Sunday former President Bill Clinton asked the CEO of Walmart if he would open a store in Libya. Surely Libya needs more jobs and needs to get its economy going, but I am not sure how a Walmart would… Continue Reading