Stimulus vs. Austerity: An Unsettled Debate

Steven Hill

Many nations try both: “Aust-imulus?” Few subjects have so bitterly divided our insecure times than the double-edged saber of stimulus vs. austerity. Consensus over which course will lift the current economic malaise has eluded the dueling experts. Without clearer signals of success, many nations have tried a confused mix of both – let’s call it [...]

The London Times and Turkey’s Coup Plot Case

A lengthy article in the London Times has exposed the critical court case at the heart of Turkey’s political-military trials for what it is: a fraud based on fabricated evidence. There is nothing new in the article itself. A few courageous Turkish journalists (Sedat Ergin and Ezgi Basaran in particular) have made many of the [...]

Army Salami: How to Dump a Dictator

paul-collier

And now Yemen: in recent months there has been a remarkable collapse in the ability of dictators to maintain power. The dictator model has been straightforward: control the army. In turn this involved placing family and kin groups in senior officer positions, having an extensive system of military intelligence, and ruthlessly suppressing incipient dissent. The [...]

The deepening Libyan imbroglio

gwi5

While Cameron calls for more arms and,  at the recent London conference, la Clinton has effectively recognised the opposition as a government, Prime Minister Recep Erdogan has signalled that Turkey is ready to act as a mediator in brokering an early ceasefire in Libya.[1] Erdogan is said to be in contact with both sides, and [...]

Mubarak’s fatal miscalculation

My blogs and columns deal mainly with issues of European political economy. I don’t have any pretensions to expert knowledge of Arab/Middle Eastern societies and their political processes. But I don’t think that is why I am at a loss to understand Mubarak’s bid to hang on to power through his televised speech to the [...]

On Immoral Axes and Moral Axmen

zygmuntbauman

During the last world war, George Orwell mused: „As I write, highly civilized human beings are flying overhead, trying to kill me. They do not feel any enmity against me as an individual, nor I against them. They are ‘only doing their duty’, as the saying goes.“ A few years later, scanning the vast multi-tiered [...]