Okay, it’s time to get all scholarly. I know, I know, yawn? right? But sometimes it’s important to see the bigger picture - even when that picture is inflated to the point of conjecture - in order to get your bearings. So, let’s begin.
There’s two very broad trends that interest me more than any other [...]

There’s something tragic about a great power in decline. Many on the left today take it for granted that America should serve as their political punch bag. But the US was once a landmass upon which great political dreams were projected. A new land - a wealthy and prosperous land, with a solid democratic, anti-imperialist [...]

The foreclosure process in the US has been rather brutal. On this side of the pond we became aware of the so-called ‘tent cities’ springing up across the US back in 2008 (it took the American media a little longer to pick up on this meme; it not fitting in, apparently, with popular conceptions of [...]

The IMF released their latest ‘World Economic Outlook’ (WEO) last week. The WEO is a twice yearly publication in which IMF economists try to predict near and medium term economic developments - the WEO also, quite notably, failed to see exploding house-prices in certain advanced economies as the hazardous bubble which, of [...]

We’d like to welcome an excellent new blog, Philip Pilkington’s Fixing the Economists, which aims to provide a view of international economics from an Irish perspective to the  Irish web-oh-sphere. Just cross-posting this from his blog  today to give a flavour.
In 1919, just after WWI, the great British economist John Maynard Keynes published a [...]