Ignore the deficit, spend more, tax the rich

Five False Premises about Economic Recovery has a number of interesting things to say about the US and UK governments’ current approach to the financial crisis and attempts to stimulate recovery. Mostly that they are getting it wrong. On the argument that we...

David Hume’s impact on causation

David Hume’s impact on causation. Reminds me why I liked philosophy so much. While the surface argument: “you can’t see causation, only regular occurrences” doesn’t make you change the way you engage with the world (e.g. playing billiards),...

China has its own debt issues

China’s Ticking Debt Bomb | The Diplomat looks at the massive loans the Chinese government has made to local government for infrastructure spending and how this will significantly affect growth in the next decade.