If you wanted to be the first sheep you should have sold last week... (View Post)

Before leaving to go on holiday I got partway through Brad DeLong's book that's an economic history of the 20th century. One of his central themes is the interplay between the two ideas &qu… (View Post)

Did globalisation have "architects and instigators"? It seems to me more a nearly inevitable consequence of improving technologies in communication, shipping, and so on -- which makes it po… (View Post)

I think the other point to note here is that while systems both with and without term limits can be fine and functioning democracies, it's not unreasonable to be dubious when somebody comes alon… (View Post)

The argument I've seen is not a west-vs-east culture distinction, but instead a market structure one: that either "each use case has a big company dominant in that niche" (like the cur… (View Post)