Posts Tagged ‘Egypt’

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    Military Business

    Feb 5, 11 • 250 Views • No Comments

    Choosing between “guns and butter” (or missiles and margarine), national leaders think of the military for guns and the private sector for “butter.” Not Egypt, though. As far back as the 1970s, when peace with Israel meant less to do...  [read more]

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    The Economic Response to Riots

    Feb 1, 11 • 185 Views • No Comments

    When the rioting starts, where does economic activity stop? In Egypt, gas and food were immediately affected. One owner of an Alexandria Mobil Station said he had not gotten a gas delivery for 2 days. The price of certain foods soared. One kilogram (close to...  [read more]