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Tag Archives: Alfonso IX

The French Revolution as Chinese dynastic crisis

This is an essay on the interaction between states and social orders, using China as a prism to examine European patterns, rather than the other way around. According to Japanese historian Naito “Konan” Torajiro, the history of modern China began in the Song dynasty (960-1279), making China the first modern society; an analysis known as the Naito Hypothesis. […]

Some words in favour of monarchy

I rather like monarchy.  I like the pomp and ceremony. I like the sense of continuity. (The Papacy, the Japanese monarchy, the English monarchy and the Danish monarchy are the oldest political institutions on the planet; the English coronation ceremony has elements that date back to Anglo-Saxon times.) I like monarchy’s capacity to separate the […]

Debt and boom

The slogan for this post is: don’t think debt, think safe assets. (This post is partly provoked by this post by Paul Krugman responded to by Scott Sumner and by Marcus Nunes.) In my Debt, Doom and Despair post I noted that a hugely debt-burdened post-Napoleonic Wars UK (where the national public debt was probably about […]