Must Read: The Road to Serfdom

The Road to Serfdom by (With apologies to Friedrich Hayek) By Marshall Auerback The markets are again in free-fall and, once again, a lazy Mediterranean profligate is to blame.  This time, it’s an Italian, rather than a Greek.  No, not Silvio Berlusconi, bu this fellow countryman, Mario Draghi, the new head of the increasingly [...]

Evans Pritchard: America and China must crush Germany into submission

My goodness, have things come to this? The normally circumspect Ambrose Evans Pritchard writes in the conservative UK newspaper The Telegraph as follows…  “Having followed the German political scene closely for the last five months, it is clear to me that almost the entire German political establishment is out of its depth, ideological, sometimes smug, [...]