Category Archives: Europe

Tony Judt on the way things are and how they might be

About politicians and courage: Courage is always missing in politicians. It is like saying basketball players aren’t normally short. It isn’t a useful attribute. To be morally courageous is to say something different, which reduces your chances of winning an election. Courage is in a funny way more common in an old-fashioned sort of enlightened… Read More »

On Britain’s changing spending habits

Bars of soap, lipstick and pitta bread are out; hair straighteners, garlic bread and Blu-ray disc players are in. The latest shake-up of the shopping “basket” used to measure UK inflation shines a light on Britain’s changing spending habits. Check the article here. Anybody knows of any contemporary anthropological studies of changes in consumption/spending habits?

European governments block Wall Street from selling government bonds?

For the first time in five years, no big US investment bank appears among the top nine sovereign bond bookrunners in Europe, according to Dealogic data compiled for the Guardian. Only Morgan Stanley ranks at number 10. Goldman Sachs doesn’t make the table. Goldman made it to number five last year and in 2006, and number… Read More »

George Soros on the Euro and the Greek debt problem

The crash of 2008 revealed the flaw in the euro’s construction, as each member country had to rescue its own banking system instead of doing it jointly. The Greek debt crisis brought matters to a climax. If member countries cannot take the next steps forward, the euro may fall apart, with adverse consequences for the… Read More »

60 years of the Berlin International Film Festival

The Berlin International Film Festival was a product of the Cold War. The US military administration wanted to bring a touch of glamour to a West Berlin that had survived the Soviet blockade. Since then, the festival has gained a reputation for championing political, provocative movies, and has been no stranger to scandal. The Berlinale… Read More »

The new Exportweltmeister

is China. According to a report in The Wall Street Journal, China overtook Germany in 2009: China took over the mantle of the world’s top merchandise exporter from Germany in 2009, according to the latest figures, aided by a global economic crisis that has taken a greater toll on other trading powers. China exported $957… Read More »

“The great economic revolutions are monetary in nature” (Mauss) – Keith Hart

From the ASA blog, by Keith Hart: For Marcel Mauss, the years 1920-25 were packed and fruitful. His political party and the Left in general had a real shot at winning power in France and did so in 1924. Two-thirds of his occasional political pieces (Écrits politiques) were written in this period. He was able… Read More »