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Pericles K
Pericles K
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      Pericles K

      Pericles K, a Greek immigrant living in New York, hopes to return to his village and become a massively subsidized EU farmer

The autumn of convenient narratives

The most politically successful Democrat since JFK, Bill Clinton, could hope for many things but not the deep affection and loyalty of the nation’s liberal establishment. He may have achieved a lot but not what they were really after: a validation of their faith in the power of government to manage as much as possible all aspects of daily life.

America’s bubble dependency

12:05 AM 06/22/2010

What Barack Obama needs now more than anything else is an economic bubble to form early enough to save his presidency. Nothing spectacular about that wish since the American economy has become dependent on economic bubbles in order to generate noticeable growth.