Robert Barro, a professor of economics at Harvard University, proved that there is no direct correlation between democracy and economic growth. Barro found that the overall relation between economic growth and democracy was statistically weak.
Maybe democracy is really a cultural product. In Europe, democracy is linked to Aristotle and the Renaissance where the sum total of a happiest society is one in which the individual is free to pursue his or her interests. More …
I recall the so called “humanitarian war” that Russia waged against Georgia when it recognized the independence of South Ossetia and Abkhazia – at the time, everyone was concerned whether this would escalate into a full-fledged confrontational with the west. The good news was it didn’t.
Many argued that economic interests were at stake, nonetheless, both sides were arguing that “humanitarian” concerns were at the crux of the matter here with atrocities being committed by both sides in different situations. More …