Berfrois

European Community? Pah!

European Community? Pah!

The imposition of German demands on Greece, without consideration for its democracy, sovereignty or interests, is one of those moments that changes everything.

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Mega-Megacities

Mega-Megacities

Mexico City by Klaus Desmet and  Esteban Rossi-Hansberg Are the world’s megacities becoming a sprawling, overfed, and uncontrollable mass that needs to be restrained for the good of society and the environment? This column suggests that policies aimed at reducing the dispersion in city sizes will hardly improve the...

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How the Celtic Tiger Lost Its Stripes

How the Celtic Tiger Lost Its Stripes

Ireland on the turn? | by Daniel Finn

New Left Review

For much of the past two decades, the Republic of Ireland found itself hailed as a crowning glory of neo-liberalism. Between 1993 and 2000, Irish gnp grew by an average of...

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‘Nobody goes to jail. This is the mantra of the financial-crisis era…’

‘Nobody goes to jail. This is the mantra of the financial-crisis era…’

Wall Street: Money Never Sleeps, 20th Century Fox, 2010 From Rolling Stone: Over drinks at a bar on a dreary, snowy night in Washington this past month, a former Senate investigator laughed as he polished off his beer. “Everything’s fucked up, and nobody goes to jail,” he said. “That’s...

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Psychodrama of the IMF

Psychodrama of the IMF

Ben Heine by Biagio Bossone In the years leading up to the global crisis, the IMF routinely failed to detect the vulnerabilities that brought the global economy to its knees – even once the turmoil had begun. How could the organisation mandated to oversee international finance stability have been...

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C+V+S

C+V+S

Photograph by Phil Douglis From London Review of Books: In the case of real estate, it might happen – as it has – that more building and selling of houses has been financed than can actually be paid for with income deriving, in the last instance, from production. So...

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It seemed inevitable that the dollar would lose its exorbitant privilege. But the currency is here to stay, if only for want of an alternative…

It seemed inevitable that the dollar would lose its exorbitant privilege. But the currency is here to stay, if only for want of an alternative…

by Barry Eichengreen The dollar’s key role in international markets is once again in the spotlight. This column introduces a new book by Barry Eichengreen: Exorbitant Privilege: The Rise and Fall of the Dollar and the Future of the International Monetary System. As the author puts it, “If you...

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Manifesto of the Appalled Economists

Manifesto of the Appalled Economists

Atelier Tee From European Alternatives: The world economic recovery, permitted by a massive injection of public spending into the economy, is fragile but real. One continent lags behind, Europe. Finding again the path of growth is no longer its priority policy. Europe has embarked on another path: the fight...

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Martin Gilman has déjà vu all over again…

Martin Gilman has déjà vu all over again…

by Martin Gilman From my perch in Moscow, the inimitable words of Yogi Berra come to mind as I watch the economic turmoil in Ireland and the contagion effects on others that constitute the soft underside of the eurozone currency area. The sense of déjà vu is palpable.  No,...

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

‘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

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

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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Vincent W.J. van Gerven Oei: LGBT Struggles in Albania

This morning I woke up to a rather surprising headline: "first gay marriage in Tirana." The article referred to the marriage ceremony recently held...

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Feroz Rather in Srinagar

Though the war was still going on, it was not a terribly sad time in my life; at least, I had the consolation of...

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Foucault’s Politics of Truth by Stuart Elden

The key figures are Cardinal Richelieu and Chancellor Séguier, and Foucault thinks it is important that he can discern the “first great deployment of...

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Menachem Feuer on Sarah Silverman and Lena Dunham

Elle called Silverman’s image of her wearing a shirt with several naked Lena Dunhams a “beautiful tribute.” Dunham, the article tells us, “seemed to...

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Mediamacro are very good at pretending…

A few weeks ago I was having dinner with David Cameron. Well, almost - we were at the same restaurant but on tables at...

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Tammy Ho Lai-Ming: One Little Room

A room with graffitied walls. Inside this room the dogs bark. A room cluttered with porcelain figurines. A room decorated with binary numbers.

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Jeremy Fernando
Jeremy Fernando on Tan Chui Mui

For, it is not as if films speak; nor are their filmmakers there—at the site where this alleged speaking to, speech, takes place —...

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David Beer
David Beer: Make Happy, Happy, Happy

As I read through William Davies’ engaging new book, I can’t help but wonder what Mad Men’s Don Draper would have made of John...

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Russell Bennetts: Coffee for 8 More

I might be the last person you should ask about St. Paul coffee in general. On an ordinary day I make do with drip...

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Emeline Edgewood
In X the Promise

X seems to want to be both the equivalent of The Giant and of Laura Palmer’s mother in Twin Peaks.

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Vincent W.J. van Gerven Oei: Municipal

Although there are also some independent candidates who may take a few votes here and there, the general opinion of the Tirana public and...

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En Liang Khong: Full Bloom

The cross-dressing Qiu Jin was emblematic of a revolutionary feminist current at the end of the Qing era, writing urgently on women’s emancipation: “While...

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Vincent W.J. van Gerven Oei
Very Much Like a Whale by Vincent W.J. van Gerven Oei

They had obviously taken the pictures of the whale, and the group of people carrying it, out of curiosity. But still the images failed...

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Oscillation

We recognise oscillation to be the natural order of the world.

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