Ten months after the end of the Kosovan war sufficient time has elapsed and information accumulated to draw up a tentative historical balance sheet. I say ‘historical’, because what has been done cannot be undone. We must live with the consequences, and do our best in the new situation.
Continue reading “Kosovo: The balance sheet”
A hundred years ago all the main countries of the world adhered to a fixed-exchange rate system known as the gold standard.
Continue reading “The First 100 Years: A policy that crippled: The Gold Standard debate”
Review of Capitalism with a Human Face by Samuel Brittan
Published by Edward Elgar, £49.95
This collection of essays by the UK’s leading financial journalist ranges widely, from studies in utilitarian ethics to technical macroeconomics. Samuel Brittan is as much at home with John Rawls as he is with Milton Friedman.
Continue reading “Book Review: Economics as part of the human condition”