The Duck of Minerva

the welfare state

The Duck Quacks at Twilight

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Real money

by | Sep 22, 2008 |

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 | Aug 7, 2007 |

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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