Free Posts

Inequality and the genetic lottery: Two views

In Free Posts by Cam Hui -
The topic of inequality has been in the news in the wake of President Obama's State of the Union speech, which focused on that very issue. I refer readers to my previous post on this subject (see Inequality: Does it matter?) where I concluded that it is the equality of opportunity that matters, not so...

Mario Draghi reveals the Grand Plan

In Free Posts by Cam Hui -
Policy in Europe has generally been done in the back rooms, with the theatre, e.g. PIIGS debt re-negotiations, done in the front rooms. Last year, the markets were panicked because they perceived the backroom elites had lost control of the situation and events were spiraling out of control. Today, it appears that the elites have...