Economist « flahute

The Party of “Hell, no!”

I love it when a magazine with a decidedly conservative bent takes the American right to task for some of its idiotic tactics.

It is sad to report that the American right is in a mess: fratricidal, increasingly extreme on many issues and woefully short of ideas, let alone solutions.

At a time when redesigning [...]

America’s crisis worse than Japan?

America’s crisis in a historical context | Worse than Japan? | The Economist

THERE is one consolation for the depressing instability of finance. History offers a rich array of banking crises from which policymakers can draw lessons—and against which today’s rescue plans can be judged. According to an IMF database, there have been 124 “systemic” [...]

The white stuff …

The next book on my reading list: The Snow Tourist, by British author and journalist Charlie English.

Snow job | The white stuff | The Economist From The Economist print edition

“TO SKI, however well or poorly, is a reminder—whatever one may for a long time have suspected—that one is alive, and that living is [...]

Great expectations and great challenges

Three more great articles from The Economist on this past Tuesday’s election excerpted below. The first article deals with the expectations that President-elect Barack Obama will face once he takes the Oath of Office on January 20th.

Great expectations of Barack Obama | The Economist Nov 6th 2008, From The Economist print edition

Barack [...]

It’s time

Sometimes, I really wish I didn’t have to turn to the foreign media to get the best news from an unbiased and objective perspective. The Economist has long been one of those foreign sources of news to which I have turned to get a broader perspective of world events.

The Economist generally has a [...]

Rescue?

From the Economist:

Which world are we in?

Richard Baldwin, Professor of International Economics at the University of Geneva, in Switzerland, has the following to say at Economist.com:

Crisis roundtable: Which world are we in? | Free exchange | Economist.com

It seems that banks and bank-like financial firms have two fundamental problems:

1) An investment problem.

They have investments that cannot be traded [...]

The fall of the House of Clinton

Terrific article on Economist.com this week analysing how Hillary Clinton’s campaign fell apart …

The Economist is a British newsmag, with a moderate lean to the right … but their articles are incredibly insightful and researched, and presented more objectively than any American media outlet.

The post-mortem | The fall of the House of Clinton [...]

Slow and steady …

Keep it up, and McCain will win the election …

Historical perspective

The financial system | What went wrong | Economist.com

“A COMPANY for carrying out an undertaking of great advantage, but nobody to know what it is.” This lure for the South Sea Company, published in 1720, has a whiff of the 21st century about it. Modern finance has promised miracles, seduced the brilliant and [...]

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America’s crisis worse than Japan?

The white stuff …

Great expectations and great challenges

Rescue?

Which world are we in?

The fall of the House of Clinton

Slow and steady …

Historical perspective

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