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Ducks, Dance, Network Theory, Pricing Models, Insulation, Two bog seats Prescott
I suggest that we could do with this sort of thinking when designing pricing models for all sorts of goods and services. We still use capitalism but design the system in such as way that production is...
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General election now! – Sign the petition
New Labour policies turned out to be the wholesale adoption of Thatcherism but, as with all converts the policies were embraced as a doctrine and without understanding or judgement. Privatisations...
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Santa Claus in Brazil – Illusion and Reality
The following is the first article from our corespondent in Porto Alegre, Brazil. Lula (the nickname of Brazilian president Luiz Inácio Lula da Silva) is on a roll. He will complete his second and...
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ignorance of asset price inflation reveals Brown’s incompetence
I suggest that Gordon Brown is like any number of technocrats who are amazingly knowledgeable about a subject but have no judgement or understanding. Mr. Brown read of the mistakes made with inflation...
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Low interest rates to blame for financial crises – The Economist
"It would, though, be simplistic to blame the crisis solely, or even mainly, on sloppy risk managers or wild-eyed quants. Cheap money led to the wholesale underpricing of risk; America ran negative...
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The last of England
“The church can go, long since the preserve of a flower-arranging few.…...but the vanishing of a pub means, by common consent, the loss of the beating heart of a community, in town or countryside. A...
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Google ngram
I have to say that this is FANTASTIC! Until now this sort of thing has been completely impossible yet now anyone with Web access can get results in seconds. For example the occurrence of the word Glory...
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Choose debt?
I have heard that Argentina defaulted on its debt in 2002 yet my recollection is that The Economist has had some good things to say about its economy. Iceland also hit troubled times and let its...
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Democracy in the Arab world – Everyone’s a winner
Imagine a middle east of modern democratic countries right on the border of the largest trading block in the world. I am talking of the European Union. While the world obsesses over whether China will...
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