I have always thought that an inflation-targeting central bank is independent because it follows a clear goal: get inflation to fall in line with the target in the medium term. 437 more words
Tags » Political Economy
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V. The society whose modernization has reached the stage of the integrated spectacle is characterized by the combined effect of five principal features: incessant technological renewal; integration of state and economy; generalized secrecy, unanswerable lies; an eternal present.
Siyabonga Hadebe (Twitter @siyazi)
For decades people-traffickers have plied a lucrative trade on South-East Asian waters. Six hundred migrants were recently abandoned in boats just off the north coast of Sumatra following a Thai government crackdown. 617 more words
Uncabob makes a VERY optimistic claim: Consumers and the best producers benefited, while the lesser producers could no longer justify their presence in the marketplace and had to adapt.
I often disagree with Unca Bob, but sometimes it’s very instructive to drill down to the heart of that disagreement. 320 more words