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Recent & Popular Posts
- Ideology & Human Development (on Cuba's social development)
- Where do pro-social institutions come from?
- Labour repression & the Indo-Japanese divergence
- Did the "Invisible Blockade" against Allende work?
- Critiques of Edward Baptist
- Fascism was not left-wing!!!
- The Napoleonic Blockade & the Infant Industry Argument
- Random Thoughts on Robert Allen's theory of the Industrial Revolution
- The Bairoch conjecture & the "tariff-growth paradox" of the late 19th century
- Economic History Books
- State Capacity & the Sino-Japanese Divergence
- Did inequality cause the First World War?
- Nazi political economy
- Critiques of The History Manifesto
- Sven Beckert's Empire of Cotton: A Reductionist Summary
- Greece from Post-war orthodoxy to "Democratic Peronism"
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My TweetsCriticisms of The History Manifesto
Cotton / Slavery Posts
- Baptism by Blood Cotton (critique of Ed Baptist’s book on slavery)
- McCloskey: Cotton wasn't necessary to the Industrial Revolution
- Piketty & Slave Wealth
- Plant breeding drove cotton productivity gains in the US South
- The Baptist Question Redux: Emancipation & Cotton Productivity
- Was slavery necessary to the Industrial Revolution?
Other Posts (Random)
- The Little Divergence
- Don't Keep Saying He Didn't Explain England (a note on A Farewell to Alms)
- Preindustrial income inequality
- Economic Growth in Ancient Greece
- Educational Romanticism & Economic Development
- The "Anthropology" of Financial Crises (Germany in the Great Recession)
- Ideology & Human Development (On health & education in developing countries esp. Cuba)
- Edward Said on Bernard Lewis
- "The Great War and Modern Memory" by Paul Fussell
- "Experimenting with Social Norms in Small-Scale Societies" (Henrich & Ensminger book)
- Conscientiousness & technology
- Did the “Invisible Blockade” against Allende’s Chile work?
- Chile’s First Globalisation: Inequality, Frontier Expansion, and Immigration
- Proto et al. on intelligence & cooperation
- Ian Morris’s calculations about the ancient Greek economy
- Inequality & the First Globalisation (1870-1914)
- Azar Gat's Nations
- Economic History Link Dump Splat (15 Jan. 2015)
- Nazi Political Economy
- Global Income Distribution in 20 Charts
- Anachronism & Relevance in History: a comment on Steve Pincus
- Markets & Famine: Amartya Sen is not the last word !
- The Mystery of US Behaviour in the World
Language Posts
- ελαδιοξιδιολατολαχανοκαρυκευμα (a very brief history of Greek diglossia)
- Polish Illiquidity Preference
- Samples of Greek & Latin "Restored Pronunciation"
- Toponyms & Ethnonyms: A Brief Ramble
- 大東亞共現代性圏 (about “Japanese-made Chinese” words)
- שׂבולת שׂמית (“Shemitic Sibboleth”)
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Category Archives: Financial Crises
Greece from Postwar Orthodoxy to “Democratic Peronism”
The roots of the present Greek crisis lie in the political transformation of the country during the 1980s. (Disclaimer: Although this post is about Greek fiscal behaviour, I am not taking Germany’s side. Lenders to the profligate are just as culpable as the borrowers.)
Posted in Financial Crises, Greece, Political Economy
23 Comments
The “Anthropology” of Financial Crises
Germany experienced little increase in unemployment during the Great Recession, and has found “internal devaluation” relatively easy and pain-free, unlike most other countries. Why ? Some observations on the role of social capital in financial crises.
Der Todd des Euro
Part 1. The French anthropologist-demographer Emmanuel Todd, who is becoming increasingly fashionable in the Anglosphere, is also a scathing critic of the euro. I examine his “anthropological” views of Germany and the euro, which I also contrast with those of Michael Pettis.
Posted in Emmanuel Todd, Financial Crises, International Monetary Economics
Tagged current account, Emmanuel Todd, Euro, Eurozone, financial crisis, France, Germany, Pettis
12 Comments
