Meltdown Economics & Other Complex Catastrophes
Friday, November 7, 2014
Greasing the Way for the Merkel-Putin Pact (Or Who Says History is Bunk, Part ?)
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The Molotov-Ribbentrop Pact was all smiles in 1939 (“such methods were part of foreign policy at that time”) until Stalin found himself wit...
Sunday, September 14, 2014
Too busy bulldozing the world economy to blog (or: the Sicilian connection)
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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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