Europe and North America, we are told, are less dependent on energy-intensive heavy industry than in the 1960s and 1970s. It seems we squeeze more GDP out of a barrel of oil than in those benighted days.
The aircraft that blew up the World Trade Center in New York and the Pentagon in Washington conveyed several messages to the world, of which one of t… - James Buchan
The aircraft that blew up the World Trade Center in New York and the Pentagon in Washington conveyed several messages to the world, of which one of t…
- James Buchan
Even before he came to power in 1997, Gordon Brown promised to change the accounts to parliament from simple litanies of cash in and cash out, to a m… - James Buchan
Even before he came to power in 1997, Gordon Brown promised to change the accounts to parliament from simple litanies of cash in and cash out, to a m…
Economists, like royal children, are not punished for their errors. - James Buchan
Economists, like royal children, are not punished for their errors.
Profits in business always depend on the rate of interest: the higher the interest, the higher the rate of profit required. - James Buchan
Profits in business always depend on the rate of interest: the higher the interest, the higher the rate of profit required.
To give money to a woman - and here I must speak as a man - is to deny her special quality, her irreplaceability, and reduce her unique amiability to… - James Buchan
To give money to a woman - and here I must speak as a man - is to deny her special quality, her irreplaceability, and reduce her unique amiability to…
Life without oil, in fact, would be so different that it is frightening to contemplate. We are addicted, and it is no comfortable addiction. - James Buchan
Life without oil, in fact, would be so different that it is frightening to contemplate. We are addicted, and it is no comfortable addiction.
Cause and effect, the riddle of all history, is a particular devil in financial history; and never more so than today, where entire classes of securi… - James Buchan
Cause and effect, the riddle of all history, is a particular devil in financial history; and never more so than today, where entire classes of securi…
Ever since the destruction of Baghdad by the Mongols in 1258, the Muslim world has been in slow decline relative to the west. With Napoleon's invasio… - James Buchan
Ever since the destruction of Baghdad by the Mongols in 1258, the Muslim world has been in slow decline relative to the west. With Napoleon's invasio…
Bulls don't read. Bears read financial history. As markets fall to bits, the bears dust off the Dutch tulip mania of 1637, the Banque Royale of 1719-… - James Buchan
Bulls don't read. Bears read financial history. As markets fall to bits, the bears dust off the Dutch tulip mania of 1637, the Banque Royale of 1719-…
Login to join the discussion
Login to join the discussion