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    Economics, Politics / capitalism, democracy, economic theory, Michael Strain, plutocracy /

    The Strain is too much

    July 3, 2025

    Picking up where I left off … And, just for fun … We need more billionaires! No.  Really. That’s the message delivered by Michael Strain in this morning’s Financial Times.   After all, where would be without them? Strain is, as we all know, associated with the American Enterprise Institute, and is thus a wholly […]

    Politics / capitalism, democracy, plutocracy /

    Tooze Goes There

    June 30, 2025

    Ctrl.  Alt.  Democracy. What is democracy for? There is a huge cloud of dust at the moment as both centrist and leftish commentators decry the constant battering Trump and his minions are delivering to what we call American democracy.  This stream of criticism focuses relentlessly on the undermining of institutions and norms of behavior that […]

    Commentary, Politics / Iran, Middle east /

    When is an act of war not?

    June 23, 2025

    It is surely mystifying, isn’t it? America just dropped bombs on Iran, and one of the questions being most discussed is whether that constitutes an act of war.   What else could it possibly be? Only in a nation beset by a confusion of lawyers could the question arise.  Bombing someone else’s country is an […]

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