On the role of the state
- What is the role of the state? | Martin Wolf’s Exchange | FT.com
- oftwominds: The Overlapping Crises of Neoliberal Global Capitalism
Both Martin Wolf and Charles Hugh Smith have good essays on government. In many ways this debate goes to philosophical pre-disposition.
My take? See A few thoughts about the limitations of government and A brief philosophical argument about the role of government, stimulus and recession on government’s role. Also see A more in-depth description of how elites maintain status quo ante regarding the nexus of government power and cronyism. I may have more to say later.
The Usual Fare
- Turkish Immigration to Germany: A Sorry History of Self-Deception and Wasted Opportunities – SPIEGEL ONLINE
- Not Enough Immigration?: Leading German Economist Demands More Workers from Abroad – SPIEGEL ONLINE
- interfluidity » Do financial statements tell the truth?
- FT Alphaville » A Portuguese canary
- Guest post: Poland’s economic mad men might be right | beyondbrics | FT.com
- Hungary: borrowers bleed as forint falls | beyondbrics | FT.com
- Pre-Markets: Equities Weaker, Dollar Lower on European Troubles | Credit Writedowns
- Rome is Burning « Â Modeled Behavior
- AP Begins Crediting Bloggers as News Sources – The Next Web
- John Cassidy’s Shot at Bernanke’s Lehman Testimony Goes Wide of the Mark « naked capitalism
- Worthwhile Canadian Initiative: The house price fairy
- Why Harrisburg Surrendered – WSJ.com
- Sarkozy `Determined’ to Enforce New Rules on Deporting Illegal Immigrants – Bloomberg
- Bunds Rise as Concerns About Banks’ Problems Spur Demand for Safest Assets – Bloomberg
- The Attention-Seeking Ravings Of A Lunatic – Motley Fool
- Wall Street Firms to Cut 80,000 Jobs in 18 Months, Whitney Says – Bloomberg
- Tech Sector, Slow to Hire, Unlikely to Lead Recovery – NYTimes.com
- Another Irish lesson fail | afoe | A Fistful of Euros | European Opinion
Just for Fun
- Even More Reasons Your Waitress Hates You – The Consumerist
- Junkie food: Tastes your brain can’t resist – New Scientist
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