by Dave Johnson | Jul 18, 2011 | Blog
In the UK the News-Of-The-World/News Corp/Murdoch scandal seems to be reawakening democracy. A big, powerful corporation has been found to be engaged in criminal activity, manipulating news, paying off police and politicians, and generally getting its way. The people,...
by Dave Johnson | Jul 15, 2011 | Blog
Conservatives say greed is a good thing. But the lessons of history, religion, philosophy, psychology and even biology say it is not. I am visiting England this week. Today I'm in York, and I toured the York Minstrel which is a huge 13th-century cathedral. Down in...
by Dave Johnson | Jul 14, 2011 | Blog
The conservative government in England is trying austerity. They are using the shock-doctrine tactic of drumming up public hysteria over bad news - in this case the financial collapse and resulting downturn - and using the panic as cover to quickly impose radical...
by Dave Johnson | Jul 13, 2011 | Blog, Economy
Yesterday we learned that the trade deficit exploded in May, especially (as always) with China. The other side of our increasing imports is our increasing exports. The dollar is down against some currencies, putting us in a stronger position. Some countries are doing...
by Dave Johnson | Jul 12, 2011 | Blog
I am in the UK this week. You can barely turn on the TV here without hearing about the “phone-hacking” scandal from outraged voices across the spectrum. It is a full-blown, 24/7 scandal. The thing that might be most astonishing to Americans, though, is that people are...