Tag Archives: trust

States as coordination problems

Economist David Friedman’s theory about the size and shape of nations leads him to postulate that the increased importance of labour income–a result of the Industrial Revolution: one of the ironies of history is that greatly increased propensity to produce capital increases both the scale (through increased demand) and then the average income (through increased relative scarcity) […]

The social consequences of theology

The BBC recently noted that interest rates on public debt in the Eurozone varied according to the religious majority of the population — Orthodox Greece had the highest interest rates, followed by the Catholic countries with the Protestant countries having the lowest. Interest rates being a measure of risk, this represented clear market judgements on […]

Can we have an intelligent conversation about Islam?

My recent post about “green on blue” killings in Afghanistan provoked the sort of comments that indicate we have, in the modern West, a real problem having an intelligent conversation about Islam. Not the to-and-fro about the geo-strategic issues regarding Afghanistan, but comments about beliefs within Islam and their possible consequences. The sort of comments […]