The Duck of Minerva

the welfare state

Real money

by Dan Nexon | 22 September 2008, 0226 EDT | | 0 Comments

Bailing out Bear Stearns: $29,000,000,000.A government stake in AIG: $85,000,000,000.Creating near consensus among academic and pundit bloggers: $700,000,000,000. Demonstrating that the correct translation of "deserving poor" is "Wall Street"? Priceless.Update: Good.

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Depressing thought of the day

by Maia Gemmill | 7 August 2007, 1446 EDT | | 0 Comments

I'm currently reading about the economic impact of the demographic shift (i.e., aging populations) of Eastern Europe and the former Soviet Union. One of the reforms being advocated to improve the...

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