A few weeks ago I had a post looking at the success of a number of countries. I noted that countries that do well include, (in no particular order): the US, Canada, Northwest Europe, Switzerland, Scandinavia, Australia, New Zealand, Japan, South Korea, Singapore and, until China began applying a heavier thumb, Hong Kong. Those also […]
In the last few months I have gotten accused of racism a few times at this blog. I don’t think I am misrepresenting my accusers by stating that their claim is based primarily because of my views on a) immigration and b) the differences between the economic performance of different countries. The two issues actually […]
The concept of the so-called Oil Curse is that countries that have an abundance of oil tend to be basket cases – undemocratic, kleptocratic, and poorly developed. The Oil Curse is a special case of of what is sometimes called the Resource Curse. Of course, not every country rich in oil has suffered from the […]
Rob Farley of Lawyers, Guns, and Money beat me to the short one, so there is only: though I admit being partial to or even
In honor of his finally being inducted into the Rock and Roll Hall of Fame: And his co-inductee, who now does wait for no one:
Floyd Norris lists the Unlucky 13, a.k.a., my portfolio.* Ignoring AIG (of which more later, maybe), here are the top Market Cap losers in the S&P 500 YTD, who combined have dropped by more than half a trillion dollars: EXXON MOBIL GENERAL ELECTRIC MICROSOFT AT&T CITIGROUP BANK OF AMERICA After reading that list, I fully […]
In honor of this post (from another blog whose political posts I’ve stopped reading; Hilzoy is in good company*), I have decided today to shave off my beard and mustache.** After all, David (“Axis of Evil”) Frum is always right, as John Holbo originally documented: This sentiment or intuition or feeling (whatever you call it) […]