Category Archives: Austerity Economics

The Kansas Way

Never trust cultural critics, those who look at the sweep of history, and at the moment, and tell us all where this is all heading. The struggle of our times, after Hitler and Tojo were gone, was the epic battle … Continue reading

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Inevitable Adjustments

Sometimes it’s fine being the crazy old uncle who lives in Hollywood, the one whose college years were the last four years of the sixties, when the entire culture shifted, lurching away from the conformist and stifling fifties – to … Continue reading

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Catching the Populism Wave

Not that planning is stupid, but most Americans follow the surfing theory of career development. You sit with your high school guidance counsellor and talk about what you want to do with your life, and there may be aptitude and … Continue reading

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Standing at Camus’ Window

Dropping by to see the famous sights doesn’t count. Anyone who has spent any time in Paris, kicking around alone, eventually has their own special Paris. That’s why Hemingway called Paris a Movable Feast – and to be young and … Continue reading

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A Long Time Coming

Some things just creep up on you, and then, suddenly, what you never expected has already happened, even if you should have expected it, because it – whatever has happened – was going to happen anyway. Suddenly you’re an old … Continue reading

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Perpetual Twilight

Retirement is okay, if you’re fond of irony, and if you thrive on constant low-grade anxiety. The irony is structural – those of us who are now retired are the last Americans who ever will be. We spent our working … Continue reading

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Embracing Theoretically Creative Destruction

Don’t argue with dead European economic theorists. They’re dead. What they say may not pertain now, but then one can’t escape them, and the Austrians are the worst, probably because these days all totally-unregulated-free-market conservative thinkers claim to be members … Continue reading

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