Relevant and even prescient commentary on news, politics and the economy.

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Double Dips

Michael Boskin writes that double dip downturns are more the rule than the exception. http://www.project-syndicate.org/commentary/boskin10/English I find this to be a very misleading article. What he is writing about is…

Recent quotes to catch your attention

…Afghanistan? All right? Because everyone who’s tried, over a thousand years of history, has failed. And there are reasons for that. There are other ways to engage in Afghanistan.” Michael

Why austerity now?

Michael Hudson at New Economic Perspectives points us to the difference between the overall economy and the financial sector: When politicians let the financial sector run the show, their natural…

A Sentence Worthy of the WSJ Editorial Page

…we to explain Michael Peel’s curious declaration in “Unweaving a Tangled Web” that: …[there is a] continued prevalence of corruption around the complex, lucrative, and transnational global infrastructure industry, despite…