Monthly Archives: January 2009

Once people come to believe that house prices never fall, they will buy too much property—and house prices will fall. When they believe that shares always do well in the long run, they will buy too many shares—and the market … Continue reading →

"The Rights of Man, after all, had been defined as ‘inalienable’ because they were supposed to be independent of all governments, but it turned out that the moment human beings lacked their own government and had to fall back upon … Continue reading →

Samuel Huntington, 1927-2008by Francis Fukuyama http://the-american-interest.com/contd/?p=688 It is with great sadness that I note the passing on Christmas eve of Samuel Huntington, long-time teacher, friend, and editorial board member of The American Interest.  I knew Huntington from my final year … Continue reading →

  Arseny Roginsky, 16 – 12 – 2008 http://www.opendemocracy.net/russia/article/The-Embrace-of-Stalinism   Why is Russia romanticising the memory of Stalinism, enquires Memorial’s founder Arseny Roginsky, when its defining feature was the use of terror?    The memory of Stalinism in contemporary Russia … Continue reading →