In a 2001 research paper entitled “Dreaming with BRICs: the Path to 2050,” investment bank Goldman Sachs introduced the notion that Brazil, Russia, India and China could surge to become four of the largest economies in the world. Since then, they’ve been racking up growth figures that make it seem intensely possible.
There’s no political or [...]

Until August 15, 1971, one U.S. dollar represented 1/35-ounce of gold. It wasn’t that gold’s “price was fixed,” as some liberal economists suggest, it was that a dollar was literally nothing more than the representation of 1/35-ounce of gold. But when President Nixon “closed the gold window,” it meant that the dollar was a purely [...]

We’ve been talking a lot here about physicians and the business of running a medical practice. Lately, I have been seeing a growing number of physicians advertise on television. This makes me wonder – Should physicians advertise for their services?
In some circles many feel that it is unethical for physicians to advertise. It is sort [...]