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Recent Posts
Goodreads
Category Archives: Economics
Outsider
I should have paid more attention. Until this morning, I had no idea that the economics editor of the Guardian was in the anti-EU camp: When I voted for Brexit on 23 June, I did so for three reasons: because … Continue reading
Posted in Economics, Europe, Uncategorized
Tagged Brexit, EU, Larry Elliott, The Guardian
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Notebook
Early on in the war small-denomination Reichsmark coins began to disappear rapidly, as metal was needed for other purposes. By 1919 all the low-value denominations had vanished. Enter the ersatz Mark and the ersatz pfennig, usually made not from metal, … Continue reading
Posted in Economics, Europe, History, Notebook
Tagged Germany, Neil MacGregor, Notgeld, Reichsmark, Weimar Republic
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Underground
Britain’s last deep coal mine is being shut down: “The National Union of Mineworkers, which used to have more than 500,000 members, is left with just 100 following the closure of Kellingley.” What an incredible statistic. I couldn’t help thinking … Continue reading
Posted in Class, Economics
Tagged Coal mining, George Orwell, Kellingley, The Road to Wigan Pier
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Will the robots eat our jobs?
Intelligence Squared are playing host to Walter Isaacson & Co in Westminster tonight, debating whether the age of automation is going to liberate us or wipe out whole professions. (£30 seems a lot to charge for a ticket, but maybe … Continue reading
Posted in Economics, Politics, Technology
Tagged driverless cars, Google, Intelligence Squared, John Lanchester, Walter Isaacson
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Links
“Bob Dylan’s career-long exploration of regional American music has finally reached Las Vegas.” The snarky way of announcing the singer’s Sinatra project. How a country haemorrhages people: Portugal’s emigration crisis. Beyond parody. A story for our times. “If you’ve ever wondered what happens … Continue reading
Posted in Class, Economics, Music, Uncategorized
Tagged Bob Dylan, emigration, Harvard Business School, Portugal, Sinatra
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Amazon – friend or foe?
Franklin Foer lays out the case for the prosecution in the New Republic: In confronting what to do about Amazon, first we have to realize our own complicity. We’ve all been seduced by the deep discounts, the monthly automatic diaper … Continue reading
Posted in Economics, Money
Tagged Amazon, Franklin Foer, Matthew Yglesias, New Republic
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The rise & rise of organisation man
“They may fantasize trashing the office, but they do nothing effective about their rage.” A look at the past and present of office workers.
The End of History revisited
In my experience, the people who denounce Francis Fukuyama the loudest are the ones who haven’t actually read his book. Twenty-five years on from the publication of the original essay, he believes his thesis is in pretty good shape: In … Continue reading
Posted in Economics, History, Politics
Tagged China, Francis Fukuyama, liberal democracy
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On Wall Street
I’m really looking forward to reading Michael Lewis’s latest, “Flash Boys”. Here he is, talking to the New Republic’s Isaac Chotiner: IC: I was wondering how spending so much time with Wall Street people and on Wall Street has changed you ideologically. … Continue reading
Posted in Economics, Film, Money, US politics
Tagged Leonardo DiCaprio, Martin Scorsese, Michael Lewis, Wall Street
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Statistic of the week
Unearthed by Pew Research demographer Conrad Hackett: Cost for a year at: Harvard $56k Nursing home $84k NYC jail $168k
Posted in Economics, US politics
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