There isn’t a doubt that if you walked into any pet shop you’d hear the resident Galah talking about secular stagnation. The current issue of the flag ship journal of the elite, Foreign Affairs is dedicated to the issue of slow or stagnant, global, economic growth. Steven Rattner, a leading […]
One of the world’s leading defenders and exponents of what Adam Smith referred to as “the vile maxim of the masters of mankind” has an interesting little review of the latest scientific work of one of that maxim’s leading critics, Noam Chomsky. I speak of course of The Economist and […]
Whatever one may think of the quantification and ontology of risk surely it is a fascinating exercise to compare the way society perceives risk through a consideration of contrasting cases. When there is a mismatch between the perception of risk and the reality of risk we can be sure that […]
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