Blogs

We’ve just posted a remarkable book: The Viennese School of Economics: A History of its Ideas, Proponents, and Institutions. The authors are Eugen-Maria Schulak and Herbert Unterköfler. Schulak (schulak@philosophische-praxis.at) is an entrepreneur...

The analogy is not exact—historical analogies never are—but there is more than a passing similarity between Obama’s health care battle and Woodrow Wilson’s campaign for the League of Nations; there are also striking similarities between the men themselves...

A member of congress was complaining before about a merger — the NBC-Comcast deal — and he said the government had to stop it, because if the merger goes through, consumer prices will increase. Let’s stipulate this congressman, by virtue...

"First you trash our balance sheets, then you have the cheek to complain about them". If Western governments could talk to the international financial markets, this is surely what they would say. Think about it. First, everyone in the financial...

Most European equities markets were higher Friday, although the CAC-40 was 0.04 percent lower to 3,927.4 in Paris. The FTSE 100 added 0.15 percent to 5,625.65 in London, while the FTSE 250 gained 0.88 percent to 9,941.56. British Sky Broadcasting Group...

From the FTdotcomment blog: For those baffled by all the talk of repos, accounting rules and hidden leverage, a quick round-up of those against whom the court-appointed Anton Valukas, “examiner” of Lehman Brothers, found that legal claims would have ...

$50bn is not a trivial sum to hide from investors, creditors, rating agencies and the US government. Which is why the assertion by a US court-appointed examiner that Lehman used an accounting ruse to keep from public view some $50bn of loans and investments...

Free exchange Growth and poverty in Africa S.D. | LONDON Better than you thought - or so some find. HERE'S a toy version of what most people would recognise as the received wisdom on sub-Saharan Africa's economic performance in recent years: Some...