Inflation or deflation, which is it?

“Inflation is always and everywhere a monetary phenomenon.” -Milton Friedman One of the most memorable and oft-quoted phrases of the late Milton Friedman is summed up in another clichĂ© from the quasi-academic world of dismal science, “too much money chasing too few goods.” Inflation: Buy NOW Friedman taught us that money is essentially a commodity, …

10 great reasons why Malta is the perfect holiday destination in the Mediterranean

The Mediterranean island of Malta is located between Sicily and Libya. Due to its location, it has long been seen as a place of great strategic importance. Granted, Malta has seen its shores invaded numerous times by a variety of different cultures. The English, French, Romans and Arabs are some of the many who have …

Optimal cost structure and effective scale savings

How do companies choose their cost structure? What is the nature and function of operating scales? What are the sources of functional and dysfunctional scales of operation? These policy questions relate to the optimal overhead of a business enterprise: the right mix of expenses that maximizes return on investment and shareholder wealth while simultaneously minimizing …

nail art

nail art He is creative and sometimes crazy. He is witty and sometimes extravagant. It is interesting, sometimes festive but always artistic. Nail art is something a lot of people do, with manicure and pedicure salons booming and seemingly on every corner. Some people choose to get their nails done by a professional, others do …