Wednesday, May 26, 2010

The rats always find a way in

I have a theory. In spite of all the moral and idealogical bullshit about different forms of government, there's one determining factor that leads to their eventual failure. That factor is susceptibility to corruption. Some systems are more resistant than others, but all nations get sucked down sooner or later. It's just a question of how long it takes.

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A political economy

A recent piece in the Economist ( A new anthology of essays reconsiders Thomas Piketty’s “Capital” , May 20, 2107) ends with these words: &q...