I wrote this book because I had formed a strong impression that the people currently living were paying insufficient attention to the dead.
The great thing about behavioural psychology and economics is that they help us to see that there are actually pretty good reasons why human beings swing from greed to fear, and why we're not really c...
Intellectual diversity is the form of diversity that seems to be least valued in universities,
There can be no understanding without that sympathy which puts us, through the imagination, and (another's) situation.
No serious writer would claim that the reign of Western civilization was unblemished. Yet there are those who would insist that there was nothing whatever good about it. This position is absurd.
Just as Hitler had predicted, it was rival empires more than indigenous nationalists who propelled the process of decolonization forward.
Hohenzollerns,
Hemos olvidado profundamente en todas partes que el Pago Monetario no es la única relación entre seres humanos... No es el único nexo del hombre con el hombre'—Thomas Carlyle
Facebook relayed the bogus story that Trump had been endorsed by the Pope.
Between 1980 and 2000 the number of patents registered in Israel was 7652 compared with 367 for all the Arab countries combined. In 2008 alone is really inventors applied to register 9591 new patents....
As the banks took over the securities, the ratios between their capital and their assets lurched down towards their regulatory minima. Central banks in the United States and Europe sought to alleviate...
Was true of the English East India Company, the VOC’s biggest challenge was the principal-agent problem: the tendency of its men on the spot to trade on their own account, bungle transactions or simpl...
Resisting the temptation to build complexity when (as in the case of financial regulation) simplicity is a better option.
Least 40 million people died as a result of the epidemic, the majority of them suffocated by a lethal accumulation of blood and other fluid in the lungs. Ironically, unlike most flu epidemics, but lik...
Houses are pretty illiquid assets - which means they are hard to sell quickly when you are in a financial jam. House prices are ‘sticky’ on the way down because sellers hate to cut the asking price in...
Coruscating
Collateralized debt obligations (CDOs)
And a spike in extreme meteorological events,
What became known in Russia as ‘pogroms’ – literally ‘after thunder’ – had been a recurrent feature of life in Western and Central Europe from medieval times onwards.
Sir Richard Turnbull, the penultimate Governor of Aden, once told Labour politician Denis Healey that 'when the British Empire finally sank beneath the waves of history, it would leave behind it only...