Tag Archives: Idolization of Achievement

Fixing the Japanese Economy

Having spent decades learning the political economies of Asia, I’ve always thought of Japan’s 25 year deflationary spiral and its attendant exotic monetary policies as proxies for exhausted political regimes. I still think so. Although they learned quickly at the … Continue reading

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The Weakness of Idolizing Achievements: Lord Acton

I’d like to quote a letter from Lord Acton (John Edward Dalberg) to Mandell Creighton, a historian of the papcy and a bishop in the Anglican Church.  This is by far the most significant critique of the demonstrative failure of … Continue reading

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