Monthly Archives: June 2012

Spain’s Financial Crisis: First Principles

Europe’s debt crisis has many contributing elements: bloated government bureaucracies, unaffordable social welfare programs, and productivity stifling labor and commercial laws.  However, none is as central as the condition and behavior of those European banks that overlent to and undercharged … Continue reading

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European Vacation Musings

Following a very enjoyable river cruise from Amsterdam to Budapest, and three days in Prague, Ito and I are now relaxing in Munich for three weeks before traveling on the Bob Mundell’s annual gathering of economists at his home near … Continue reading

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Virtual Life after Death

Hi from Munich, A recent spam email from a dead colleague has caused me to reflect again on the awkwardness of our Internet existence (email addresses, Facebook and Linkedin profiles etc.) after our flesh and blood, biological one has ended. … Continue reading

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