Egypt's Bread Subsidies May Bring Millions to the Brink of Starvation By Dave Albin Most Egyptians have lived their whole lives in a country where the government heavily subsidizes bread prices. But now the deeply indebted Egyptian state faces some tough choices, and Egypt's poor may suffer the most.
The Great Keynesian Coup of August 1971: Fifty Years Later By William L. Anderson The collapse of the monetary order in 1971 reflected the massive dislocations and malinvestment of resources that ultimately turned the decade into one crisis after another. Keynesians are doing something similar today.
