The world has been dominated by Europe and taught by Europe and exploited by Europe — and maybe Europe has had enough

In terms of the great implosion of the global economy which began on Wall Street in late 2008, the Greek financial collapse is a storm in a retsina glass. The sums concerned are trivial by the standards of modern multitrillion-dollar high finance, or indeed by the standards of the Bundesbank. But the rights and wrongs … Read more

United States of Dysregulation

In the late 1970s, the historian Christopher Lasch famously described America as a culture of narcissism. Today we might well be called a nation of dysregulation. The signs that something is amiss in our inner mechanisms of control and restraint are everywhere. Link

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