‘Obama knew little economics, however, and he took the word of the orthodox…’

From London Review of Books: Of all Obama’s appointments, the most damaging to his credibility with liberal supporters were Lawrence Summers and Timothy Geithner, the chief economic adviser and the secretary of the treasury. Geithner has the air of a perpetual young man looking out for the interests of...

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Zombie Economic Ideas That Refuse to Die

From Foreign Policy: Theories, factual claims, and policy proposals that seemed dead and buried in the wake of the  financial crisis are now clawing their way through the soft earth, ready to wreak havoc once again. Five of these zombie ideas seem worthy of particular attention and, if possible,...

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The Time of Monsters

Athens protest, May 5, 2010, Jesse Garcia   From New left Review: During this year’s protests against the Eurozone’s austerity measures—in Greece and, on a smaller scale, Ireland, Italy and Spain—two stories have imposed themselves. The predominant, establishment story proposes a de-politicized naturalization of the crisis: the regulatory measures...

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Very very very very very dishonest

Mel Brooks and the Bankers | by Thorvaldur Gylfason

Vox

The fraudulent CEOs of the 1990s and their accounting allies were the real-life Bialystocks and Blooms

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Marcel-Duchamp-Leaving-the-Cafe-1

Marcel Duchamp sat silent. He seemed far away, lost in reverie. Then, he spoke of the death of art, which he described as...

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Bobbi Lurie
Duchamp-smoking-through-the-cracked-glass

But I was perplexed. Marcel Duchamp didn’t order a thing to eat at the café. I assumed it was because he was dead, requiring nothing...

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fp

Earthquake metaphors have had strong currency, both political and journalistic, in the aftermath of May’s European Parliament (EP) elections. The most spectacular tremors were...

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Ernst_Ludwig_Kirchner

Both Derrida and Ronell suggest that saying yes is “telephonic,” both in the sense that it resounds over a distance and therefore always is...

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ramirez1fullsize

Unless they lived in Texas, New Mexico, Arizona or California – all former Mexican territories – most U.S. residents in the 1930s were unaware...

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MashaTheDevilProbably

The different tools used to capture the frame and the wild variety in terms of image quality, which is the way films are remembered...

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ron-sky-rat-cover

“We’ve got a problem,” says Andrew Shuta of Spork as he and Drew Burk guide me into a fancy conference room. Ron’s sitting across from...

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chinua

Many years ago, in an interview he did with Bill Moyers, Chinua Achebe was asked, “What would you want the West to do?” Achebe...

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Masha Tupitsyn
sickert

No one can love anymore because of an overabundance of reaction formation. No one wants to owe anything to their desire(s); to other people’s...

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Hearn1

How could a man born on a Greek island in 1850 be a household name in Japan today? The answer lies in the story...

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kentridge1

Jean Améry titled his renowned book on voluntary death, Hand an Sich Legen – To lay Hands on Oneself. Beyond the argument of Amery...

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letters

Several months ago, I wrote a long letter by hand to a young woman I barely knew. That sounds pretty dubious, if not to...

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Kemmler

In a move that might strike readers as odd, Derrida spends most of these lectures not on the case made by death penalty proponents,...

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proust

Although Charles Kenneth Scott Moncrieff’s translation of À la recherche du temps perdu is considered by many journalists and writers to be the best...

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