Following the lively discussion yesterday between Owen and Ezra I would like to offer an explanation of what “neoliberalism” is. The best way to do this is to quote a review by Eugene McCarreher of a book by Philp Mirowski called How Neoliberalism Survived the Financial Meltdown, (Verso, $29.95). It is deeply scary, and points up …
Continue reading ‘Neo-liberalism and the market: peddling bogus beliefs’ »
Hypocrisy is alive and well. I refer to myself, a workaholic if there ever was one. A reader has sent the article below (from The Daily Telegraph in England), and I am recommending that everyone reads it (slightly shortened for people like me with short attention spans). Notwithstanding my own inability to stop and smell …
Continue reading ‘Pootlers live better (following on from the last post)’ »
Bad news for wine lovers: a major new study has suggested that older drinkers who enjoy just one large 250ml glass of wine a day are increasing their risk of having a stroke by a third. The research, based on data from a Swedish study which tracked 11,644 twins over 43 years, found that these …
In Russia 110 people own 35% of the wealth of the country. The median wealth of the average Russian is $871, less than the median wealth of the average Indian, which is $1000. (quoted on PBS Frontline TV program on Vladimir Putin).
From a historical point of view Iran (Persia) was long the hegemon in that part of the world, and was the bane of the Roman Empire. London is now the home of tens of thousands of emigre Iranians, and I got to know quite a few of them. They hate the mullahs, but they do …
