I’ve read over 200 history books and biographies. The two great drivers of history are war and money. For a dose of military history, I recently read “The Dark Path”…

…successful politician Vespasian said  “Pecunia non olet” — or “money doesn’t stink” ] If money causes candidates to get votes, the origin of the money doesn’t matter. If popularity causes candidates…

…This paper proposes a novel mechanism for reallocating temporary water flows or permanent water rights. The All-in-Auction (AiA) increases efficiency and social welfare by reallocating water without harming water rights…

…are replaced by managed supplies that will waste calories, inputs and environmental flows. Yes, the Saudis are engaging in grabs, but that was only after their failure to grow wheat…

…you’re Tagg Romney. But let’s follow the flows here, pretending that all transactions are with two banks for reasons that will be clear. My refinancing means that Bank A receives…

…the stocks and flows balance out, and representative in that it covers most of the important stocks and flows. No system could be perfectly representative, of course; the map is…

by Rebecca Wilder EA Infernal Devaluation Progressing The EU answer to rebalancing portfolio and trade flows within the Euro area (EA) without currency devaluation is recession and deflation. They call…

…buying a bond does, you give the government money, they spend it on what they want and give you a promise in return. There is nothing ‘Phony’ about that process,…

I thought that the whole point of fiscal austerity was to turn the balance of trade and capital flow within the Euro area: debtors becoming savers and capital flows out…

…of capital flows (i.e., the current account); and furthermore, that ECB policy is even too tight for the core (a google translation of Kantoos Economics). Yours truly has written extensively…