Yes. I agree.
The negotiations concerning the Greek bail-out were absurd. They showed in vivid highlight just how foolish the entire Euro exercise is. Countries [more…]
Right at the end of his book called "Memoirs from Beyond the Tomb" Chateaubriand gives us a remarkable insight into our current troubles. I wonder [more…]
Well so much for that.
Where do I begin?
The so-called deal announced yesterday achieves none of its objectives. The written objectives that is. The [more…]
So we reach the end. Good. Let democracy and popular government prevail. The entire Euro project was conceived by a small group of elitist technocrats, [more…]
I am giving a talk soon about the famous, and widely discussed, 'debate' between Hayek and Keynes back in the 1930's. It is much travelled ground [more…]
No. I really mean it: go Texas! As in please leave. Or, if not, please stop the nonsense. It just reminds the world why the US [more…]
With the big boys and girl now officially in the presidential race we are all going to suffer from political pablum for the [more…]
Sorry I have been absent here lately: I am in the middle of several projects that take priority.
Nonetheless in the course of one of those [more…]
There seems to be a lot of angst as to why standard macroeconomics ignores the government in its analysis. Or, rather, that when the government [more…]
Continuing my peon to Judt: he reminds us of Condorcet's fear:
"Liberty will be no more, in the eyes of an avid nation, than the necessary [more…]