On Ordoliberalism & the ECB

On Ordoliberalism & the ECB

The Economist included, in an issue published earlier this month, what was (to me at any rate) a useful discussion of ordoliberalism. I admit I was, prior to reading the piece, unfamiliar with this particular branch of German intellectual history, but if you accept…

Classic Rock Will Slowly Die or, A Musical Reminder of the Historically Singular Nature of Postwar America

I don’t drive much these days (living for 3+ years in the downtowns of compact, walk-able cities rather obviated the need for it), but just over a week ago, trucking my things back east, I found myself behind the wheel…

An Argument for the Importance of Org. Structure in the Rebellion in East Ukraine

They say your best ideas come in the shower, and while I doubt what follows is one of my best ideas, it did come in the shower last week. Earlier this year, Michigan’s own Yuri Zhukov gave a lecture titled “Trading Hard Hats for Combat…

Nothing New under the Balkan Sun, Part II: Exchange Rates

This post was supposed to be about taxes – specifically, about the recurring role of international actors in Greek tax collection. Continuing with the previous post’s theme of “unnerving century-plus continuity in Balkan politics,” I had planned to observe that, if…

The Market for Financial Research & Analysis – A Mental Model

I have, for just over the past month, had the opportunity to consume the weekly macroeconomic research reports of an analyst at a well-respected brokerage firm, and recent shifts in the directional thrust of one of his more important prediction…

Germany’s Chronic Free-Riding

Back in October of this academic year I wrote a post prompted by Der Spiegel‘s reporting on the gross under-preparedness of the Germany military. It seems things have not gotten much better in the intervening months; on Thursday this week the Washington Post…

Sanguinity & Syriza

Everybody and their mother’s managed to offer a view on Syriza’s recent election triumph and in the interest of not being left out, here’s mine: I am, for the moment, still fairly sanguine. The Troika has reiterated its refusal to consider…

The Power of Names

Names convey information, whether we want them to or not. See a resume from somebody named Thurston Charles Dockery III and you can bet he owns a few hundred pairs of Sperrys and uses summer as a verb. So if…

Performance Legitimacy & Authoritarian Capitalism

Michael Ignatieff was on campus this week to give a lecture on “Human Rights and the Challenge of Authoritarian Capitalism”. It was a wonderful lecture, and in a luncheon with students beforehand he proved himself to be a thoughtful and…

Is It Time to Short the Euro? Yes - It Has Been for Years

Is It Time to Short the Euro? Yes – It Has Been for Years

Look, I am not a forex trader (so what the hell do I know?) and I don’t feel like taking the evening to build a model for all of this, but here is a video from Bloomberg which asks the…