An economic argument about why there are more “man-childs” around.

Hayek on economics and knowledge:
Correct foresight is then not, as it has sometimes been understood, a precondition which must exist in order that equilibrium may be arrived at. It is rather the defining characteristic of a state of equilibrium ( Read more... )

This graph sets out how catastrophically bad youth unemployment is in debt-ridden EUROpe. Meanwhile, in Oz, unemployment is holding steady at 4.9%The euro was a bad idea: lots of economists said so at the time, but the EUrosuperstate decided that it could make it work in a Triumph of the Will. As folk discuss the odds of various states (starting ( Read more... )

19 killed in stampede at German music festival.

Noting that European politics has been moving rightwards for both cyclical and structural reasons.

About the euro and political sovereignty.

About Portugal’s experience with drug decriminalisation.

The fertility rate of Danish migrants is now falling to that of the general Danish population ( Read more... )

Tuesday, went to a CERC seminar given by an IR academic from Scotland.

The presentation was informative (though more so than the presenter intended). ( revealing in lots of ways )