democracy

I think the title of this post lays out exactly what I intend to cover. It's all about the US economy and its vulnerability to a double dip recession due to the fiscal cliff and rising jobless claims. To cut to the chase, I haven't been…

Inter-subjectivity For the past couple of weeks, I have been listening to an audiobook recommended by a friend I recently visited in London. It It's called Sapiens - and it bills itself as "a brief history of humankind". I find the book a…

I wanted to switch things up a bit for today's post and focus in the news. What I am going to do is present you with news as presented by traditional media. And then I am going to give you 'my take' on the story. Hopefully, this will…

Links on trade, Eastern European democracy, when cops become robbers, the coming hurricane season and much more

Turkey is in the middle of a major political row with Germany. In the wake of the attempted coup d’tat last year, Turkish President Erdogan wants to change its constitution to give the President more power. And because the likely vote will…

No huge commentary today. But what struck me about the links in today's edition was how many were related to the loss of jobs and income both in the US and Europe. Rick Bookstaber's post about the Great Labor Reset has me thinking about how…

After 1990 we removed what was left of financial regulations following the flurry of deregulation of the early 1980s that had freed the thrifts so that they could self-destruct. And we are shocked, SHOCKED!, that thieves took over the…

Perhaps because they call themselves Communists, many observers, think the party is homogeneous, but it is not. There are forces of movement and forces of order. A FT columnist recently wrote about the possible threat to the post-Mao…

by Frank Li and Derryl Hermanutz, Guest Authors from Global Economic Intersection This is the fifth article of the series: “Towards An Ideal Form of Government”. In my 1/20/2012 post (Democracy and Communism: Are They Really the…

A putsch, as any dictionary will tell you, refers to the violent overthrow of a government. Hungary has not been subject to that kind of action per se, but rather a more insidious grab for power. Its new constitution goes into effect…