Sunday, September 29

Breakfast at Tiffany's (Updated)

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Earlier this year, after I mentioned the ghost that prowls the Federal Reserve building in Washington after midnight, Sleepless in St. Louis...
Saturday, September 28

War by another name. "Goodbye, globalization. Hello, Balkanization."

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Financial Times, March 23, 2013: Apple tax probe helps drive to build consensus on global regime "... He said: “It is a trade war ...

Ya mean there's no currency war?

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Responding to a critic who disputes my claim that Ben Bernanke's quantitative easing experiment is a form of currency war. I'll gra...
Friday, September 27

Thank God for Bach

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Whatever possessed me to take on the chore of explaining the new era in plain  English?  Next time, Pundita, why don't you try something...

Remember: economics is bloodless. A lesson from the U.S. Federal Reserve's role in the uh, "Arab Spring"

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Law professor and political scientist Stephen F. Diamond was clearly unaware that there's no blood in economics when he lit into the ...
Thursday, September 26

Housekeeping Notes

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Last night I mistakenly posted a draft of O Brave New Economy! instead of the final version. The mistake was corrected at 2:20 this afterno...
Wednesday, September 25

O Brave New Global Economy! Part 7 of "From Economic Collective to Police State" (REVISED 2:20 PM 9/26)

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The Language of the New Order The first thing about surviving the new order is to learn the basics of the lingo.  This is so you don...
Monday, September 23

The Financial Stabilizers: Part 6 of "From Economic Collective to Police State"

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" An engraving of Robespierre guillotining the executioner  after having guillotined everyone else in France" Robespierre ...
Saturday, September 21

The Weavers

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On August 7, 2012, a very rare snowfall took Johannesburg, South Africa by surprise, delighting the residents of the city. There to captur...
Monday, September 16

Modern U.S. lawmaking and the original police state: Part 4 of "From Economic Collective to Police State"

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Would you know a police state if you tripped over one? Not if the standard reference works had anything to say about it In the post that ...
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Monday, September 9

From Tofu to the Police State (More on the concept of economic collectivism): Part 3 of "From Economic Collectivism to Police State"

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A debate broke out in Pundita-land about my use of the term "economic collectivism" in my series of posts on economic collectivism...
Wednesday, August 21

The Guardians of the Economy make their move: Part 2 of From Economic Collective to Police State

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TOO LATE Photo caption: Protesters outside the Cypriot parliament voice their disgust with the original bailout (Reuters) This...