Category Archives: economics

Yes you have no referendum

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In a shock and startling turn of events after being summoned to the G20 to explain what he was doing suggesting asking the people if the wanted to accept the austerity package or not – the Greek prime minister has decided that maybe the people don’t need to be asked after all. Having got that out of the way rumour has it that he’s off to resign – presumably to encourage anyone else that thinks referenda are a good thing. The EU’s allergy to asking the people their opinion on things really is quite impressive. it’s not after all as … Continue reading →

Light the blue touch paper

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So the Greeks appear to have lit the blue touch paper under the Euro project, by the crazy notion of asking the people what they think about a huge financial deal before signing up to it. Yet again the idea of a referendum seems to be throwing the euro-project into chaos and confusion, it would seem that democracy is as welcome to the eurocrats as water to the Witch of the West. There’s a lovely concise live(ish) blog of the “crisis” over at the FT (H/T Katabasis). The choices facing the Greeks seem to be a referendum or an early … Continue reading →

Revisitng the 99%

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Whilst this may be a bit like a dog going back to it’s vomit, or picking a scab – I’m afraid on the day when the big news seems to be the rapid approach of the collapse of the euro I’m going to sort of revisit the whole “occupy where ever you feel like” movement. Firstly because The Nameless Libertarian has said what I was trying to say the other day far better than I did, especially with this bit: However, there is a second reason why I think these protests may be deriving such scorn from many people. It … Continue reading →