blogorrhoea
Friday, January 23, 2004
 
A DINGO'S BREAKFAST

The Mac is sick and the blogger is busy. The prospect of a shiny new Mac and a blogger with the time to blog on it doth nick the horizon, but horizons are far in this wide brown land. Until then, I'll just have to phone 'em in as opportunity and technology allow. Here's what I've been reading of late. All well written, all in stark contradiction to what we're invited to think, and all thoroughly productive of dismarrhoea both acute and chronic. Trific.

History suggests there is no empirical, and therefore no necessary relationship between (a) trade liberalisation and globalisation and (b) globalisation and economic growth.

Twenty-first century globalisation looks an awful lot like 19th century empire.

Conspiracies do happen - enormous and expensive institutions exist primarily to conspire, and history is full of exposed conspiracies - so one is not necessarily bonkers to suspect conspiracies are afoot. Nevertheless, you'd have to be wall-biting mad to believe the conspiracy theory underpinning our everyday mainstream news.

As petrol prices rise, those economists who feel human behaviour and concerns are actually relevant to their discipline - both of 'em - will again find that either they're not really economists or that homo sapien and homo economicus go together like truth and state-of-the-union speeches.

All those stuffed suits who tell you you gotta be in the stock market to guarantee a worry-free retirement of ease and luxury because, in the long term, stock appreciation will make you rich, are wrong.
 
Tuesday, January 20, 2004
 
AN ENTRY

29 February 1667: Up betimes, and to the exchange, there to take a pot
beyond thirst with those most happily circumstanced by the victory.
Great store these worthy gentlemen set by burnt Dutch ships, and great
indeed was their mirth. To luncheon, and after luncheon many cups more,
to a worth of twelve and twenty shillings. Happy to be held in such
high esteem by fellows of interest, and warmed to the loins by grape and
hop, I took but an hour's leave to march upon the Bagwell house there to
be alone avec elle je tentoy a faire ce que je voudrais, et contre sa
force je le faisoy, bien que pas a mon contentment. Hardly was I
returned among my jovial hosts ere came the accounts, whereupon reckoned
Mr Ponsonby, able at his sums if no more to walk, my portion to be four
shillings and six pence. Caught much surprised, I gave vexed answer
that my purse matched not my appetites and voiced hope my credit might
exceed both, whereupon a loan was fixed atop some small interest and all
stumbled mightily satisfied to their homes, and me through Moorefields,
mindful of my smell no more than a six shilling debt to gamballing
pissbladders hundreds of guineas to the good that very day, ere even the
last office be done by those fallen to secure them their profit. The
collique had me ere I made my bed, where did I wonder at what joy doth
lie in a banker's preferment.
 
political economic and cultural observations in the register of dismal dilettantism

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