A World Half Free: Neo-Mercantilism And Trade
I've been asked by Hale Stewart to do a short trade presentation for the Yearly Kos economics panel. This is a broad backgrounder of the key problem - a freedom deficit. Trade, energy and decency are...
View ArticleExxon shows record profits, right wing blames the arabs.
One expects peer reviewed papers to meet a certain basic standard of logic and factuality. Roger Stern shows how far below that standard one can go, with a paper that is peppered with right wing...
View ArticleClik here to view.
Fed Raises, Markets Hold
Greenspan leaves where Volcker did in the middle of a rate raising campaign, hoping to land an economy rather than crash it. The odds against him are getting longer, according to the yield curve, this...
View ArticleBig 5 Refer Iran to Security Council, Crisis Escalates
While no action will be taken until March, referal by the "Big 5" has happened and Iran says that the referal would result in the "end of diplomacy""and "an illegal" breach of the UN charter, the...
View ArticleThe Way Forward [Updated: Obama announces opposition to a blank check.]
Let us speak of rights and reason. Of rights we have to begin from the final humiliation against a free people a proposal to grant dictatorial powers to an outgoing administration. In effect, the...
View ArticleThe Fate of the Union [Updated]
There are few days were everything hangs in the balance, and where it is ordinary people who hold the scales. There are few days in the history of the Republic which are as important as today. Either...
View ArticleLike a Bear in a China Shop
Last night Asian markets lead by Tokyo, crashed. The Nikkei, the benchmark for the Japanese stock exchange, fell by 9.38% an amount that can only be called a "crash." Rapidly the world's central banks...
View ArticleThe Panic of 2008
This isn't your father's recession, or as Krugman quipped about 2001 your grandfather's, it is a panic from the 19th century, where a house of cards comes completely unraveled with a bank failure. The...
View ArticlePost America - I A birth of fire and ice
Far in the distance, canons were heard, shots that rumbled and boomed. The low slung clutter of buildings that was Batavia, which was to become the city of Djakarta in what is now Indonesia, soldiers...
View ArticlePost-America II - The Post Post- Society
This is an age of post-. We talk of ourselves in terms of our weights from the past, and in terms that show we are not really after a cataclysmic change, but, instead, before one. People look back most...
View ArticleClik here to view.
The Coming of Age: Reactionary Revolution 1857-1876 - I
A spectre is haunting the world, the spectre of conservatism. It is everywhere free to put peoples in chains. It claims that it is all of propriety, and sanity, even as its adherents admit that it's...
View ArticleClik here to view.
The Coming of Age: Reactionary Revolution and the Raj
Ours is a neo- age, and the template is the Victorian, our neo-liberalism, was their liberal trade, our neo-conservatism was their conservatism, our neo-classicism, was their classicism, our...
View Article