How do we ‘pay’ for Hurricane Sandy?
As the costs of this once-in-a-generation storm mount for America’s east coast, there will invariably be cries that the country is bankrupt, and will therefore be unable to ‘pay’ the cost...
View ArticleHow to ‘fund’ hurricane Sandy (Part II)
As predicted, it only took a few days before the usual gnashing of teeth arose as to how we “fund’ the reconstruction efforts necessitated by Hurricane Sandy’s devastation. A Reuters piece yesterday...
View ArticleHurricane Sandy demonstrates the follies of deregulation
Just leave us alone to ‘innovate’. The markets will take care of everything. That’s the constant refrain we have heard over the past 30 years during the cri de coeur for yet more privatisation and...
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