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Tag Archives: world war one

Bubble trouble: not an easy money problem

The notion that “easy money” created asset booms is levelled (famously by Austrian school economists such as von Mises and Hayek) against the 1920s boom and by a range of commentators about the Great Moderation boom. In both cases, the Fed (dominated by Benjamin Strong as New York Fed Governor up to 1928 and by Alan Greenspan as Fed Chair 1987-2006) is held to be to […]

Bilbo baggage

The further back you can look, the further forward you are likely to see. Winston Churchill. With the release of the first film of The Hobbit trilogy, An Unexpected Journey, the blogosphere is rife with Middle Earth allusions. My favourite is Frances Woolley’s wonderful post (with some great comments) The Macroeconomics of Middle Earth, though […]

Know them, Daughters of Men – Guest post by Adrien

[SL: This is the third of Adrien's occasional posts on matters artistic; his first -- on Baroque artist Artemisia Gentileschi -- is available here, with some background, while the second, on Franco-Swiss neo-classical painter Angelica Kauffmann is here. I should also point out that Adrien has been moving bloggy house again (please stop it!), and that his new […]

ANZAC Day Redux

It seems to be de riguer for a certain type of journalist to write stuff on ANZAC Day saying that it’s a jingoistic load of crap celebrated by right-wing lunatics. Now, there’s certainly an element of society which seems to see ANZAC Day as a “glorious tradition”, and that tries to harness it to an […]