Category Archives: Economics

The Vor v Zakone: Soviet Era Organized Crime

Organized crime was radically different during the Soviet era than in the post-Soviet era. Officially, the Communist Party taught that there was no organized crime in the Soviet Union, but in reality, organized crime thrived in the vast networks of … Continue reading

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House moves to tighten N. Korea sanctions. Will that strengthen US policy? This is a good sign.  These sanctions are similar to the Banco Delta Asia sanctions that I wrote about previously here:      On Thursday the House Foreign … Continue reading

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Politics of Financial Warfare: The Banco Delta Asia Case Part-3

This is part 3 of the series, the first part is here: http://smallcrowdedworld.com/2014/04/24/politics-of-financial-warfare-the-banco-delta-asia-case-part-1/ The second part is here: http://smallcrowdedworld.com/2014/04/25/politics-of-financial-warfare-the-banco-delta-asia-case-part-2/ Aftermath of Diplomacy: North Korea’s Continued Nuclear Program By almost any metric the Six Party Talks has been a failure for the U.S. and … Continue reading

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Politics of Financial Warfare: The Banco Delta Asia Case Part-3

This is part 3 of the series, the first part is here: http://smallcrowdedworld.com/2014/04/24/politics-of-financial-warfare-the-banco-delta-asia-case-part-1/ 2nd: http://smallcrowdedworld.com/2014/04/25/politics-of-financial-warfare-the-banco-delta-asia-case-part-2/ Aftermath of Diplomacy: North Korea’s Continued Nuclear Program By almost any metric the Six Party Talks have been a failure for the U.S. and a success for North … Continue reading

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Politics of Financial Warfare: The Banco Delta Asia Case- Part 1

Setting the Stage: Disproportionate Relations and Unexpected Outcomes The United States of America and North Korea are mismatched opponents.  North Korea has less people than the state of California and the 197th lowest GDP in the world, whereas the U.S. … Continue reading

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Book Review- Hernando De Soto’s The Other Path

In Hernando De Soto’s book, The Other Path, he argues that a leading cause of Peru’s economic and terrorist problems stem from the difficulty of joining the formal market for things like transportation, forming a business, and even acquiring housing.  … Continue reading

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Deviant Globalization, the new criminal markets of the modern world

Globalization, like most things, is neither purely good nor purely bad, but contains elements of both.  Globalization allowed for increased trade and financial freedom, but companies and states are not the only groups that have benefited.  Organized crime has managed … Continue reading

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System D, and the importance of the relationship between Governments and Informal Markets

System D is the shadow, or informal market that is unregulated by governments.  The term, System D, comes from a French word that refers to the skill or ability to manage in any situation.  System D is a major economic … Continue reading

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