Meltdown Economics & Other Complex Catastrophes
Friday, July 18, 2014
The Buck Stops Here (Or: I Shot the Sheriff, But I Didn’t Shoot the Deputy)
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Left: US President Harry S. Truman at his White House desk with the famous sign “The Buck Stops Here”* (Image: Wikimedia Commons). Right:...
Monday, June 2, 2014
Nitpicking Piketty Productively. Part I: Real Capital vs. Piketty Asset Wealth
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The Piketty bubble still shows no signs of bursting (au contraire: Chris Giles’ rather limp attempt in the Financial Times to turn it int...
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Tuesday, April 29, 2014
Who Says History is Bunk? (Part II)
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Left: The Duke and Duchess of Windsor (aka Wallis Simpson and former King Edward VIII) on postnuptial visit to German Chancellor Adolf Hi...
Wednesday, April 16, 2014
Brad DeLong: The Mechanical Turk Was a Fraud, But the Watt Governor and the Roberts Self-Acting Mule Weren’t!
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von Kempelen’s chess-playing Turk (left) was unmasked as a fraud concealing a midget by, among others, Edgar Allan Poe in 1836. The r...
Wednesday, April 9, 2014
Happy Days Are Here Again! (Or Who Says History is Bunk?)
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Elapsed Years Side One Side Two Elapsed Years 0 1918 World War I ends, Germany, Austria-Hungary, Turkey and Czarist Russ...
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Thursday, March 20, 2014
Playing Coy, Putin Extends Coded Olive Branch to Germany: Exclusive Analysis by CIB Kremlinologists
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Putin’s speech announcing the annexation of the Crimea on March 18, 2014 (above, source: BBC) differed refreshingly from Hitler’s analo...
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Monday, March 17, 2014
Putin Doctrine to Be Announced with Chechen and Kaliningrad Referendums: CIB Breaking News!
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Disturbed by the hypocrisy of the US’s refusal to recognize yesterday’s overwhelmingly successful referendum in the Crimea as an idealistic...
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