Publication

ECONOMICS ASPECTS OF HARD DRINKING AND NEW WAY OUT OF CRISIS

TSU Professor Emzar Jgerenaia

What is a free economic zone?

I adore September. First, because many my favorite people including myself were born this month. Second, because this is a fascinating and beautiful time in Georgia, full of colors, abundant and plentiful.

September is bringing misfortune for United States of America. Serious economic catastrophe happened in September last year – American biggest investment bank Lehman Brothers that was dominant in engineering of global securities got bankrupted on 15 September. This was quite logical – main guilty in crisis left the scene. However, hysteria started year ago proved to be wrong – capitalism did not die. GDP reduction made up 4% in USA, 5% in England, 6% in Germany and 8% in Japan, while 10% in Russia1. (Only Georgia escaped such fall. According to our official data, no matter how surprising it might look, economic growth has made up 6%. This is unbelievable reality of national statistics)2, but game rules still remain the same on financial and business map of the world – America is still dominating, and USD is still subject to income and constant disputes. More

WHAT IS LASHING?

Professor EMZAR JGERENAIA

“Ricardo conquered England as completely as the Holy Inquisition conquered Spain”

“That its teaching, translated into practice, was austere and often unpalatable, lent it virtue.”!
John Maynard Keynes – “General theory of employment, interest and money”, Kutaisi, 1995. Page 39

Summer and spring are muddled. We miss hot weather and tranquility. Economy yawned, stretched and slumbered. We have plenty of time to think about and discuss aims of our existence. Economists have more time for thinking then other, Economy and economists are amazing – they know and see everything. They lock the stable door when the horse is stolen – external factors, inner forces, adverse conditions, Edgworth box, Tibo model etc. To say in one word, they are not sure of anything. Darwin was the toughest guy ever! More