Timothy Garton Ash is wrong: Insisting that EU rules be followed on Brexit is neither an act of stubbornness nor a matter of vindictiveness. It is a matter of European statecraft.
UK: Abandoning Europe, Connecting With Whom Instead?
Brexit divorce will need a good lawyer – and a hot new “girlfriend.”
Warfare and the Invention of GDP
Quite contrary to current efforts to reflect happiness, GDP was invented to prepare nations better for warfare.
Smith and Keynes: The Economic Insight They Shared
Were these two touchstones of economic thought really so different?
Niall Ferguson Vs. Keynes, the (Gay, Childless) Futurist
Did historian Niall Ferguson forget that Keynes was deeply concerned about the economic futures of his generation’s grandchildren?
Europe’s Phony War: Austerians Vs. Deficitarians
Are European nations really well-advised to follow the alluring policy prescriptions of U.S.-based deficit boosters?
Is Modern Finance a Productive Economic Activity?
Financial systems play an important role in economic growth. Why, then, do they sometimes go off the rails?
Don’t Leave It to the Economists
Why do economists — and the policymakers who heed their advice — need to reconsider the conventional wisdoms of their profession?
Not a Global Crisis, But the West’s (And Keynes Can’t Help)
Why is the current economic crisis in Europe and the United States likely to be unresponsive to Keynesian solutions?