Imagine you start documenting something that changes faster than it can be documented. This is the experience I’m currently having writing the sequel to “A Mindful Guide to Online Living”, which zooms in on one aspect of the “Online Living”…
Posts tagged economics
On Power, Authority, and Egypt
Analyzing the Revolts In a long analysis of the Egyptian unrest and the possibility of the overthrow of the Mubarak presidency, long-time left-of-center middle east observer Juan Cole wrote in “Egypt’s Class Conflict“: Why has the Egyptian state lost its…
Your Treasury Bond Is Your Word
Your Word Is Your Bond… Right? Well, the phrase works the other way around, too. Your Treasury bond is your word. To break this word makes you a liar. This is the context behind the talk of haircuts relating to…
Don’t Start A Currency War You Can’t Finish
Nothing Worse Than A Sore Winner Increasingly, we are hearing reports that the United States, championed by Treasury Secretary Tim Geithner, is demanding that the International Monetary Fund (IMF) increase its monitoring of intervention in currency markets. This is, put…
Economic Uncertainty: A Poorly Named Concept
It’s Not What We Don’t Know. It’s what we do. The phrase economic uncertainty implies concern about the future in this sense: we don’t know what’s coming, and that scares us into holding onto our cash. Uncertainty is offered up…
