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The return of thoughtcrime

LONDON In December 1939, police raided the home of George Orwell, seizing his copy of D.H. Lawrence’s “Lady Chatterley’s Lover”. In a letter to his publisher after the raid, Orwell wondered whether “ordinary people in countries like England grasp the difference between democracy and despotism well enough to want to defend their liberties”. ....

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Too poor for war

 LONDON    A wartime economy is inherently a shortage economy: because the government needs to direct resources toward manufacturing guns, less butter is produced. Because butter must be rationed to make more guns, a war economy may lead to an inflationary surge that requires policymakers to cut civilian consumption to reduce excess demand. ....

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Too poor for war

 LONDON    A wartime economy is inherently a shortage economy: because the government needs to direct resources toward manufacturing guns, less butter is produced. Because butter must be rationed to make more guns, a war economy may lead to an inflationary surge that requires policymakers to cut civilian consumption to reduce excess demand. ....

City Of London , City Of , United Kingdom , United States , Philip Pilkington , John Maynard Keynes , George Soros , Palgrave Macmillan , Robert Skidelsky , Jeremy Hunt , Josephe Stiglitz , European Union , Political Economy At Warwick University , World War , British House , Political Economy , Warwick University , Project Syndicate ,

Gorbachev's tragic legacy

LONDON    Mikhail Gorbachev, the Soviet Union’s last leader, was buried last month at the Novodevichy Cemetery in Moscow next to his wife Raisa and near fellow Soviet leader Nikita Khrushchev. To no one’s surprise, Russian President Vladimir Putin did not attend the funeral. Novodevichy, after all, is where “unsuccessful” Soviet leaders had been consigned to their final rest. ....

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