Category: informality

Cosh and carry: Part 2, Money for the Einsteinian political economy

10 April, 2014 (15:13) | Banking, Bitcoin, cash, Crime, Economics, informality, Markets, Regulation, robbery, Taxation | No comments

[Continued from yesterday's Part 1.] By: David A. Smith Yesterday’s post, using as source material two articles, one from the Economist (April 5, 2014), the other from the Wall Street Journal (March 27, 2014; green font), both commenting on a new paper published by the National Bureau of Economic Research, established that the rise of […]

Cosh and carry: Part 1, Money in the Newtonian political economy

10 April, 2014 (11:45) | Banking, Bitcoin, cash, Crime, Economics, informality, Markets, Regulation, robbery, Taxation | No comments

By: David A. Smith If you’re like most readers of this blog, in your wallet you carry both cash and credit cards – and over the years, your use of cash has dropped as your use of credit cards has risen, because they’re quicker and easier (swipe and go), self-replenishing (no more searching for an […]

Taking their economy home with them: Part 4, No way except back

31 January, 2014 (09:00) | Economics, Employment, Ethiopia, Housing, Immigration, informality, Remittances, Saudi Arabia, Uncategorized, Yemen |

    [Continued from yesterday's Part 3 and the preceding  Part 1 and  Part 2.]   By:David A. Smith   Through Part 3 of this post, we’ve seen that with the Saudi Arabian government having successfully implemented a change in enforcement of existing law to compel the departure of roughly one million expatriate workers back to their […]

Taking their economy home with them: Part 3, No jobs to go home to

30 January, 2014 (09:00) | Economics, Employment, Ethiopia, Housing, Immigration, informality, Remittances, Saudi Arabia, Uncategorized, Yemen |

    [Continued from yesterday's Part 2 and the preceding Part 1.]   By:David A. Smith   In Part 1 and Part 2 of this post, we discovered that Saudi Arabia’s new enforcement of existing laws has led the Kingdom, as reported in Arabian Business (January 17, 2014), to expel (deport, send home, choose the phrase […]

Taking their economy home with them: Part 2, Jobs for Saudis to do

29 January, 2014 (09:00) | Economics, Employment, Ethiopia, Housing, Immigration, informality, Remittances, Saudi Arabia, Uncategorized, Yemen |

  [Continued from yesterday's Part 1.]   By:David A. Smith   Yesterday’s post about Saudi Arabia’s mass deportation of now-illegal foreign workers back to Bangladesh, Ethiopia, India, Indonesia, Pakistan, the Philippines, and Yemen, as reported in Arabian Business (January 17, 2014), established that roughly one million workers (the vast majority of them men) have been […]