February 2012
1 post
The real Thatcher, by JOHN HOWARD (Australian Financial Review 3/3/2012)
John Howard has a few things to say about the “Iron Lady”…
Prime Minister John Howard with Baroness Thatcher, London, 1997. Office of the Honourable John Howard
To adopt Shakespeare, Meryl Streep came to bury Margaret Thatcher, not to praise her. This was attempted – in the filmThe Iron Lady – by the simple, but telling,...
December 2011
3 posts
Inside Job. The documentary. Online. For free. →
November 2011
12 posts
Habermas, the Last European - A Philosopher's... →
FROM DER SPIEGEL
WatchUrban Skiing
Canadian freestyle skier JP Auclair takes his awesome stunts to the streets of Trail, Rossland, and Nelson, BC, for some urban skiing. This edit is part of a ski movie ‘All.I.Can‘.
You remember that trader on BBC? “The Collapse is...
You remember that fellow trader Alessio Rastani, whose interview on the BBC went viral because he was claiming that “The Collapse is Coming and Goldman Sachs Rules The World”?
And before that, you remember the origin of the financial crisis? The call for public money to save the private financial institutions? The privatisation of profits and socialisation of debts?
Well, it has not damaged...
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September 2011
1 post
UBS on Euro: “no modern monetary unions have... →
August 2011
3 posts
The Battle of the Bonds →
Everyone knows that Greece will default on its external debt. The only question concerns the best way to arrange it so that no one really understands that Greece is actually defaulting.
On this…
The simpliest explanation you’ll find: The chart... →
AA+? Has Standard and Poor’s shot the US a bullet... →
June 2011
1 post
Osborne needs a Plan C →
George Osborne expected to inherit a booming economy. In September 2007-the month Northern Rock collapsed – he promised to match Labour’s spending plans for his first three years as Chancellor. He…
May 2011
4 posts
BRICS:2 USA:0 After challenging the dollar, India... →
Sarkozy. Now at the movies. Not in The West Wing,... →
Book review: ‘Arrival City’. And why refugees are... →
April 2011
3 posts
Robert Skidelsky at HowTheLightGetsIn: the... →
Event 1 - Limits to Liberty (Saturday 4th June, 12pm)
Frank Furedi, Yasmin Alibhai-Brown, Robert Skidelsky. Mary Ann Sieghart chairs.
From tabloid complaints about ‘political…
Democracy or Finance →
LONDON – “Shorting” is a tactic well known among the financial cognoscenti. It means betting against an asset with borrowed money in the expectation of making a profit when its value goes down.
A speculator can “short” a government by borrowing its debt at its current price, in the hope of selling it later at a lower price and pocketing the difference. For example: on January 1, 2010, I think to...
The Nuclear Industry is Too Big To Fail too →
March 2011
10 posts
William Cronon and the American Thought Police →
The Austerity Delusion →
The Osborne Ultimatum →
The ideas of two dead economists, David Ricardo and J M Keynes, are shaping the cuts debate. The coalition is in thrall to the former’s small-government agenda and says there is no alternative –…
The Forgotten Millions →
Imperialism Reclaimed →
LONDON – History has no final verdicts. Major shifts in events and power bring about new subjects for discussion and new interpretations.
Fifty years ago, as de-colonization accelerated, no one…
Another Inside Job →
Degrees and Dollars →
How to Kill a Recovery →
February 2011
7 posts
Texas, Budget Cuts and Children →
Shock Doctrine, U.S.A. →
Wisconsin Power Play →
Willie Sutton Wept →
Eat The Future →
Abraham Lincoln, Inflationist →
Droughts, Floods and Food →
January 2011
5 posts
The Demands for Higher Interest Rates →
Vince Cable is working. The coalition isn’t. →
Vince Cable’s essay in the 17 January issue of the New Statesman (“Keynes would be on our side”) is the first, and very welcome, sign of a senior coalition politician being willing to engage in a…
The Competition Myth →
The Texas Omen →
Deep Hole Economics →