This January marked the 20th anniversary of euro notes and coins circulating. In an op-ed published by Project Syndicate I argue that the euro was an unmitigated failure even by the criteria of its architects. This is an updated analysis of a keynote I delivered a few years ago at the Oxford Union – see […]
Learning to appreciate that control is an illusion is hard, especially when we are prepared to sacrifice almost everything, to pay any price, to control others. But if we are to stop others—Mark Zuckerberg, for example—from controlling us, it is a lesson we must learn. Once upon a time, in the ancient kingdom of Lydia, a […]
The weekend of December 10-11, 2021, saw a reported 30 tornadoes hitting several states from Arkansas to Illinois; as of […]
The post Capitalism Contributed to Factory Workers Deaths in Kentucky and Illinois appeared first on CovertAction Magazine.
On December 8th the Green’s nine-member Steering Committee, its administrative arm, released a press statement in support of mandatory Covid-19 […]
The post Green Party Assembles Circular Firing Squad With its Support of Mandated COVID-19 Jabs appeared first on CovertAction Magazine.
Both supporters and critics of US President Joe Biden’s $1.9 trillion stimulus plan assume that there is a dollar amount that is just right. In fact, no such figure exists: every possible stimulus size is simultaneously too little and too big. ATHENS – US President Joe Biden, facing the great challenge of stimulating his country’s […]
From denial, to grudging acceptance, to substantial intervention, to debacle: that was the European Union’s trajectory once the storm that nearly consumed Wall Street in 2008 had crossed the Atlantic, starting the euro crisis. Twelve years later, the EU’s reaction to Covid-19’s arrival is following an ominously comparable trajectory. Eurosceptics take aim at the EU’s […]
Imagine that the Bank of England were to create a free bank account for everyone. Overnight, it would be far better placed to regulate the money supply in the public interest. Moreover, to stay in business, commercial banks would have to seriously raise their game. In times of trouble, such as the current pandemic, the […]
Before the US Presidential Election the Guardian kindly asked me to write two articles: one in case of a Biden victory, one in case of a Trump victory. I was happy to write them, only to be startled by how similar the two articles ended up being. Interested readers can read here the article that […]
Normalcy and the restoration of a modicum of decorum to the White House: that is what many elite supporters of Joe Biden hope for now that he has won the election. But the rest of us are turned off by this meagre ambition. Voters who loathe Trump celebrate his loss, but the majority rue the return […]
Less than a year after the United States and the U.S.-backed Organization of American States (OAS) supported a violent military coup to overthrow the government of Bolivia, the Bolivian people have reelected the Movement for Socialism (MAS) and restored it to power. In the long history of U.S.-backed “regime changes” in countries around the world, […]
