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<channel>
	<title>the rational post &#187; history</title>
	<atom:link href="http://www.freedom24.org/rationalpost/tag/history/feed/" rel="self" type="application/rss+xml" />
	<link>http://www.freedom24.org/rationalpost</link>
	<description>a collection of essays and articles on the science of everyday life</description>
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		<item>
		<title>the great recession: act ii</title>
		<link>http://www.freedom24.org/rationalpost/2010/08/11/the-great-recession-act-ii/</link>
		<comments>http://www.freedom24.org/rationalpost/2010/08/11/the-great-recession-act-ii/#comments</comments>
		<pubDate>Thu, 12 Aug 2010 00:55:54 +0000</pubDate>
		<dc:creator>The Editor</dc:creator>
				<category><![CDATA[featured]]></category>
		<category><![CDATA[financial crisis]]></category>
		<category><![CDATA[world affairs]]></category>
		<category><![CDATA[austerity]]></category>
		<category><![CDATA[bailout]]></category>
		<category><![CDATA[banking system]]></category>
		<category><![CDATA[capitalism]]></category>
		<category><![CDATA[crisis]]></category>
		<category><![CDATA[debate]]></category>
		<category><![CDATA[financial markets]]></category>
		<category><![CDATA[geopolitics]]></category>
		<category><![CDATA[history]]></category>
		<category><![CDATA[macroeconomics]]></category>
		<category><![CDATA[stimulus]]></category>

		<guid isPermaLink="false">http://www.freedom24.org/rationalpost/?p=2315</guid>
		<description><![CDATA[As Canadians sparred over fake lakes, budget-busting security, and the global capitalist conspiracy, the world’s twenty most influential leaders convened in Toronto this past June to negotiate a response to the worst financial crisis in generations. At issue was an age old debate between two economic philosophies: stimulus as a life vest versus stimulus as a straitjacket. The pro-life camp was championed by consumerist America and its global supply chain. The pro-restraint camp was led by conservative Germany and its regional demand chain. At risk were millions of jobs, trillions in debt, and quite possibly the fate of our modern political economy.
With so much on the line, the G20’s vague and non-committal communique was particularly troublesome, since a crisis this big requires a coordinated and comprehensive response. Instead, the world’s two largest economies spent ...]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>a dose of reality</title>
		<link>http://www.freedom24.org/rationalpost/2010/05/05/a-dose-of-economic-reality/</link>
		<comments>http://www.freedom24.org/rationalpost/2010/05/05/a-dose-of-economic-reality/#comments</comments>
		<pubDate>Wed, 05 May 2010 15:06:39 +0000</pubDate>
		<dc:creator>The Editor</dc:creator>
				<category><![CDATA[featured]]></category>
		<category><![CDATA[financial crisis]]></category>
		<category><![CDATA[history & society]]></category>
		<category><![CDATA[bailout]]></category>
		<category><![CDATA[banking system]]></category>
		<category><![CDATA[behavioral]]></category>
		<category><![CDATA[capital markets]]></category>
		<category><![CDATA[capitalism]]></category>
		<category><![CDATA[geopolitics]]></category>
		<category><![CDATA[history]]></category>
		<category><![CDATA[investment]]></category>
		<category><![CDATA[investments]]></category>
		<category><![CDATA[macroeconomics]]></category>
		<category><![CDATA[politics]]></category>
		<category><![CDATA[rates]]></category>
		<category><![CDATA[real estate]]></category>
		<category><![CDATA[speculation]]></category>
		<category><![CDATA[unemployment]]></category>

		<guid isPermaLink="false">http://www.freedom24.org/rationalpost/?p=2163</guid>
		<description><![CDATA[Armies of bulls and bears are camped out on either side of the great debate over the future of the global economy. Armed with the latest statistics and plenty of financial incentive, both sides are engaged in massive media campaigns to rally anyone left on the fence &#8212; principally retail investors who were either burned in the great collapse of 2008-09 or sat out the fast and furious rally over the past 14 months. As the rhetoric heats up, it becomes increasingly difficult to choose sides. A careful examination of these competing wagers provides a more holistic perspective for anyone brave enough to join the fight.
Victory lap
Having survived the worst correction in generations, major indices are now back to levels ...]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>complexity and collapse</title>
		<link>http://www.freedom24.org/rationalpost/2010/03/31/complexity-and-collapse/</link>
		<comments>http://www.freedom24.org/rationalpost/2010/03/31/complexity-and-collapse/#comments</comments>
		<pubDate>Thu, 01 Apr 2010 00:29:56 +0000</pubDate>
		<dc:creator>The Editor</dc:creator>
				<category><![CDATA[financial crisis]]></category>
		<category><![CDATA[history & society]]></category>
		<category><![CDATA[in other words]]></category>
		<category><![CDATA[complexity]]></category>
		<category><![CDATA[crisis]]></category>
		<category><![CDATA[empire]]></category>
		<category><![CDATA[financial system]]></category>
		<category><![CDATA[history]]></category>
		<category><![CDATA[macroeconomics]]></category>
		<category><![CDATA[sustainability]]></category>

		<guid isPermaLink="false">http://www.freedom24.org/rationalpost/?p=2066</guid>
		<description><![CDATA[From daily solar cycles to quarterly seasonal changes to the 130,000-year lapse between Ice Ages, our world is filled with natural ebbs and flows. Those that try to forecast the future by studying these longer sweeping patterns are often accused of being out of touch, relying on the distant past for established wisdom rather than embracing contemporary optimism that &#8220;this time is different&#8220;. In this essay in Foreign Affairs, Niall Ferguson reminds us that America is just as vulnerable to collapse as the many great civilizations that preceded it &#8212; maybe even more so given the increasing complexity of our modern global economy&#8230;

Complexity and Collapse
Empires on the Edge of Chaos
by Niall Ferguson in the March/April 2010 Issue of Foreign Affairs ...]]></description>
		<wfw:commentRss>http://www.freedom24.org/rationalpost/2010/03/31/complexity-and-collapse/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>one island, two worlds</title>
		<link>http://www.freedom24.org/rationalpost/2010/02/02/one-island-two-worlds/</link>
		<comments>http://www.freedom24.org/rationalpost/2010/02/02/one-island-two-worlds/#comments</comments>
		<pubDate>Tue, 02 Feb 2010 22:02:16 +0000</pubDate>
		<dc:creator>The Editor</dc:creator>
				<category><![CDATA[finance & economics]]></category>
		<category><![CDATA[history & society]]></category>
		<category><![CDATA[in other words]]></category>
		<category><![CDATA[world affairs]]></category>
		<category><![CDATA[development]]></category>
		<category><![CDATA[empires]]></category>
		<category><![CDATA[geography]]></category>
		<category><![CDATA[haiti]]></category>
		<category><![CDATA[history]]></category>
		<category><![CDATA[policy]]></category>
		<category><![CDATA[recovery]]></category>

		<guid isPermaLink="false">http://www.freedom24.org/rationalpost/?p=1947</guid>
		<description><![CDATA[It isn&#8217;t surprising that so-called &#8220;ambulance economics&#8221; has gained mass policy appeal as the global economy descends into madness. The battlefield, after all,  is no place for quiet research and careful study.  But even the most pressing humanitarian disasters could use a little &#8220;clinical economics&#8221; to help decision-makers better chart out the way forward. Recent poverty relief efforts in Haiti, for instance, should certainly focus first on the bare essentials of sustenance, sanitation, and security. Once politicians and development professionals are able to stop the bleeding, however, the really critical work actually begins in terms of supporting the long-term prosperity of the country. In that spirit, any path forward should take into consideration the unique historical, geographic, cultural, and ...]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>volcker rules</title>
		<link>http://www.freedom24.org/rationalpost/2010/02/02/volcker-rule-sustainable-reform/</link>
		<comments>http://www.freedom24.org/rationalpost/2010/02/02/volcker-rule-sustainable-reform/#comments</comments>
		<pubDate>Tue, 02 Feb 2010 12:20:15 +0000</pubDate>
		<dc:creator>The Editor</dc:creator>
				<category><![CDATA[financial crisis]]></category>
		<category><![CDATA[history & society]]></category>
		<category><![CDATA[in other words]]></category>
		<category><![CDATA[bubble]]></category>
		<category><![CDATA[history]]></category>
		<category><![CDATA[macroeconomics]]></category>
		<category><![CDATA[policy]]></category>
		<category><![CDATA[regulation]]></category>
		<category><![CDATA[speculation]]></category>
		<category><![CDATA[volcker]]></category>

		<guid isPermaLink="false">http://www.freedom24.org/rationalpost/?p=1956</guid>
		<description><![CDATA[A perennial hot ticket on the lecture circuit at economic clubs and grad schools around the planet, Paul Volcker&#8216;s influence is finally starting to resonate where it counts: at both ends of Pennsylvania Avenue. As his testimony in front of the Senate Banking Committee looms, the broader premise of a more responsible financial services sector pursuing sustainable, profitable growth needs to get out in clear journalistic prose from a messenger untarnished by the last 18 months of political and economic triage. This Sunday NYTimes op-ed attempts to do just that, despite the complexity of the topic. Unfortunately, it falls a little short for those either too stubborn or greedy to listen or too impatient to digest his astute commentary on ...]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>volcker vs. greenspan</title>
		<link>http://www.freedom24.org/rationalpost/2009/12/10/volcker-vs-greenspan/</link>
		<comments>http://www.freedom24.org/rationalpost/2009/12/10/volcker-vs-greenspan/#comments</comments>
		<pubDate>Fri, 11 Dec 2009 03:58:37 +0000</pubDate>
		<dc:creator>The Editor</dc:creator>
				<category><![CDATA[featured]]></category>
		<category><![CDATA[financial crisis]]></category>
		<category><![CDATA[history & society]]></category>
		<category><![CDATA[biography]]></category>
		<category><![CDATA[federal reserve]]></category>
		<category><![CDATA[greenspan]]></category>
		<category><![CDATA[history]]></category>
		<category><![CDATA[keynes]]></category>
		<category><![CDATA[macroeconomics]]></category>
		<category><![CDATA[monetary policy]]></category>
		<category><![CDATA[policy]]></category>
		<category><![CDATA[volcker]]></category>
		<category><![CDATA[washington]]></category>

		<guid isPermaLink="false">http://www.freedom24.org/rationalpost/?p=1782</guid>
		<description><![CDATA[Much like the shifting partisan politics which rules Washington in 2- to 4-year cycles, stewardship of the Federal Reserve has ebbed and flowed between neo-Keynsians and Austrians since the birth of American central banking nearly 90 years ago. Two of the Fed&#8217;s greatest leaders and keenest minds have crafted American monetary policy for most of the last three decades, and yet they couldn&#8217;t be more different. 
This is their story.
Power Brokers
How Paul Volcker and Alan Greenspan Reinvented the Fed
Economics has been called the “dismal science” for almost 200 years, remaining on the fringes of modern policymaking until a string of recessions and panics in the late 19th century. These tremors reminded political leaders that a basic understanding of market mechanics ...]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>after the crisis</title>
		<link>http://www.freedom24.org/rationalpost/2009/09/29/after-the-crisis/</link>
		<comments>http://www.freedom24.org/rationalpost/2009/09/29/after-the-crisis/#comments</comments>
		<pubDate>Wed, 30 Sep 2009 00:53:02 +0000</pubDate>
		<dc:creator>The Editor</dc:creator>
				<category><![CDATA[financial crisis]]></category>
		<category><![CDATA[history & society]]></category>
		<category><![CDATA[in other words]]></category>
		<category><![CDATA[development]]></category>
		<category><![CDATA[geopolitics]]></category>
		<category><![CDATA[growth]]></category>
		<category><![CDATA[history]]></category>
		<category><![CDATA[macroeconomics]]></category>
		<category><![CDATA[trade]]></category>
		<category><![CDATA[world bank]]></category>

		<guid isPermaLink="false">http://www.freedom24.org/rationalpost/?p=1546</guid>
		<description><![CDATA[Exploring the recent economic &#8220;upheaval&#8221; through the lens of history helps in at least two ways: 1) it assures us that humanity has faced similar dangers in the past and somehow lived to tell the tale, and 2) it suggests that the same entrepreneurial instincts that led us into trouble (yet again) also hold the key to restoring stability and growth. This speech by the President of the World Bank highlights a series of events that presaged the crisis — like the &#8220;emergence&#8221; of emerging economies, the popularity of leveraged finance, and growing imbalances of trade — focusing less on the outcome and more on the decades of unbridled expansion that inspired it&#8230;
Robert B. Zoellick
President, The World Bank Group
September 28, 2009 in ...]]></description>
		<wfw:commentRss>http://www.freedom24.org/rationalpost/2009/09/29/after-the-crisis/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>reflections on a year of crisis</title>
		<link>http://www.freedom24.org/rationalpost/2009/08/22/reflections-on-a-year-of-crisis/</link>
		<comments>http://www.freedom24.org/rationalpost/2009/08/22/reflections-on-a-year-of-crisis/#comments</comments>
		<pubDate>Sun, 23 Aug 2009 02:56:01 +0000</pubDate>
		<dc:creator>The Editor</dc:creator>
				<category><![CDATA[financial crisis]]></category>
		<category><![CDATA[history & society]]></category>
		<category><![CDATA[in other words]]></category>
		<category><![CDATA[banking system]]></category>
		<category><![CDATA[bernanke]]></category>
		<category><![CDATA[crisis]]></category>
		<category><![CDATA[federal reserve]]></category>
		<category><![CDATA[history]]></category>
		<category><![CDATA[macroeconomics]]></category>
		<category><![CDATA[monetary]]></category>
		<category><![CDATA[policy]]></category>
		<category><![CDATA[regulation]]></category>
		<category><![CDATA[speech]]></category>

		<guid isPermaLink="false">http://www.freedom24.org/rationalpost/?p=867</guid>
		<description><![CDATA[A comprehensive if somewhat subjective view of the two years since the credit crisis first broke, direct from the horse&#8217;s mouth. Perhaps more interesting than any insider account of the Fed&#8217;s frantic response to the meltdown of the banking system is the degree to which the Chairman was concerned with the human impact of his macroeconomic policy-making&#8230;

 Reflections on a Year of Crisis
Chairman Ben S. Bernanke
Speech at the Federal Reserve Bank of Kansas City&#8217;s Annual Economic Symposium, Jackson Hole, Wyoming, August 21, 2009
By the standards of recent decades, the economic environment at the time of this symposium one year ago was quite challenging. A year after the onset of the current crisis in August 2007, financial markets remained stressed, the ...]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>axis of upheaval</title>
		<link>http://www.freedom24.org/rationalpost/2009/03/23/axis-of-upheaval/</link>
		<comments>http://www.freedom24.org/rationalpost/2009/03/23/axis-of-upheaval/#comments</comments>
		<pubDate>Mon, 23 Mar 2009 18:38:29 +0000</pubDate>
		<dc:creator>The Editor</dc:creator>
				<category><![CDATA[financial crisis]]></category>
		<category><![CDATA[history & society]]></category>
		<category><![CDATA[in other words]]></category>
		<category><![CDATA[efficiency]]></category>
		<category><![CDATA[great depression]]></category>
		<category><![CDATA[history]]></category>
		<category><![CDATA[markets]]></category>
		<category><![CDATA[obama]]></category>

		<guid isPermaLink="false">http://www.freedom24.org/rationalpost/?p=695</guid>
		<description><![CDATA[While many observers are still consumed by the economic complexities of the financial crisis, historians have been busy making predictions about the ominous geopolitical implications of a destabilized global economy, rising unemployment, falling incomes, and swelling ethnic tensions. Much like its individual citizens, countries in the aggregate tend to retrench in the face of uncertainty about the future, and that could lead to some dangerously myopic decision-making in the months and years ahead&#8230;
The Axis of Upheaval
By Niall Ferguson in Foreign Policy, March/April 2009
Forget Iran, Iraq, and North Korea—Bush’s “Axis of Evil.” As economic calamity meets political and social turmoil, the world’s worst problems may come from countries like Somalia, Russia, and Mexico. And they’re just the beginning.
Seven years ago, in ...]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>multiplicity and complexity</title>
		<link>http://www.freedom24.org/rationalpost/2009/03/19/multiplicity-and-complexity/</link>
		<comments>http://www.freedom24.org/rationalpost/2009/03/19/multiplicity-and-complexity/#comments</comments>
		<pubDate>Fri, 20 Mar 2009 02:04:34 +0000</pubDate>
		<dc:creator>The Editor</dc:creator>
				<category><![CDATA[financial crisis]]></category>
		<category><![CDATA[history & society]]></category>
		<category><![CDATA[in other words]]></category>
		<category><![CDATA[behavioral]]></category>
		<category><![CDATA[finance]]></category>
		<category><![CDATA[history]]></category>
		<category><![CDATA[psychology]]></category>

		<guid isPermaLink="false">http://www.freedom24.org/rationalpost/?p=692</guid>
		<description><![CDATA[&#8220;The human mind cannot grasp the causes of phenomena in the aggregate. But the need to find these causes is inherent in man’s soul. And the human intellect, without investigating the multiplicity and complexity of the conditions of phenomena, any one of which taken separately may seem to be the cause, snatches at the first, the most intelligible approximation to a cause, and says: &#8216;This is the cause!&#8217; &#8221;
— Leo Tolstoy, War and Peace, Book IV, Part 2, Chapter 1, first paragraph
]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>i met the walrus</title>
		<link>http://www.freedom24.org/rationalpost/2009/03/16/i-met-the-walrus/</link>
		<comments>http://www.freedom24.org/rationalpost/2009/03/16/i-met-the-walrus/#comments</comments>
		<pubDate>Tue, 17 Mar 2009 01:28:41 +0000</pubDate>
		<dc:creator>The Editor</dc:creator>
				<category><![CDATA[fiction & art]]></category>
		<category><![CDATA[history & society]]></category>
		<category><![CDATA[in other words]]></category>
		<category><![CDATA[world affairs]]></category>
		<category><![CDATA[art]]></category>
		<category><![CDATA[history]]></category>
		<category><![CDATA[illustration]]></category>
		<category><![CDATA[interview]]></category>
		<category><![CDATA[music]]></category>
		<category><![CDATA[politics]]></category>
		<category><![CDATA[short film]]></category>
		<category><![CDATA[video]]></category>

		<guid isPermaLink="false">http://www.freedom24.org/rationalpost/?p=679</guid>
		<description><![CDATA[&#8220;In 1969, a 14-year-old Beatle fanatic named Jerry Levitan, armed with a reel-to-reel tape deck, snuck into John Lennon&#8217;s hotel room in Toronto and convinced John to do an interview about peace. 38 years later, Jerry has produced a film about it. Using the original interview recording as the soundtrack, director Josh Raskin has woven a visual narrative which tenderly romances Lennon&#8217;s every word in a cascading flood of multipronged animation. Raskin marries the terrifyingly genius pen work of James Braithwaite with masterful digital illustration by Alex Kurina, resulting in a spell-binding vessel for Lennon&#8217;s boundless wit, and timeless message...&#8221;

]]></description>
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		<slash:comments>0</slash:comments>
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		<title>mad money</title>
		<link>http://www.freedom24.org/rationalpost/2009/01/25/mad-money-monetarist-theory/</link>
		<comments>http://www.freedom24.org/rationalpost/2009/01/25/mad-money-monetarist-theory/#comments</comments>
		<pubDate>Sun, 25 Jan 2009 17:07:03 +0000</pubDate>
		<dc:creator>The Editor</dc:creator>
				<category><![CDATA[finance & economics]]></category>
		<category><![CDATA[financial crisis]]></category>
		<category><![CDATA[in other words]]></category>
		<category><![CDATA[free markets]]></category>
		<category><![CDATA[friedman]]></category>
		<category><![CDATA[great depression]]></category>
		<category><![CDATA[greenspan]]></category>
		<category><![CDATA[history]]></category>
		<category><![CDATA[macroeconomics]]></category>
		<category><![CDATA[monetarist theory]]></category>
		<category><![CDATA[money supply]]></category>

		<guid isPermaLink="false">http://www.freedom24.org/rationalpost/?p=566</guid>
		<description><![CDATA[For nearly a quarter century, Milton Friedman&#8217;s monetarists and their acolytes at the Federal Reserve have pursued American prosperity on the assumption that the sheer quantity of money in the economy, along with the degree to which it turns over annually, are the principal levers shaping macroeconomic fundamentals. For the better part of the 20th century that assumption held true as money supply was carefully managed, rising when the economy needed a boost and contracting when it was overheating. 
The theory draws its roots from a colossal failure by the Federal Reserve during the Great Depression. It suggests that the severity of the recession could have been mitigated if only the Bank had flooded the system with money, providing inter-war ...]]></description>
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		<title>the end of wall street</title>
		<link>http://www.freedom24.org/rationalpost/2009/01/16/the-end-of-wall-street-2/</link>
		<comments>http://www.freedom24.org/rationalpost/2009/01/16/the-end-of-wall-street-2/#comments</comments>
		<pubDate>Sat, 17 Jan 2009 00:15:04 +0000</pubDate>
		<dc:creator>The Editor</dc:creator>
				<category><![CDATA[financial crisis]]></category>
		<category><![CDATA[in other words]]></category>
		<category><![CDATA[bailout]]></category>
		<category><![CDATA[Bear Stearns]]></category>
		<category><![CDATA[chronology]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[history]]></category>
		<category><![CDATA[markets]]></category>
		<category><![CDATA[video]]></category>
		<category><![CDATA[wall street]]></category>

		<guid isPermaLink="false">http://www.freedom24.org/rationalpost/?p=544</guid>
		<description><![CDATA[The past, present, and future of Wall Street according to its unofficial biographer&#8230;
What Happened

Why It Happened

What Happens Next

]]></description>
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		<title>originative sin</title>
		<link>http://www.freedom24.org/rationalpost/2009/01/09/originative-sin/</link>
		<comments>http://www.freedom24.org/rationalpost/2009/01/09/originative-sin/#comments</comments>
		<pubDate>Fri, 09 Jan 2009 21:25:25 +0000</pubDate>
		<dc:creator>The Editor</dc:creator>
				<category><![CDATA[financial crisis]]></category>
		<category><![CDATA[history & society]]></category>
		<category><![CDATA[in other words]]></category>
		<category><![CDATA[banking]]></category>
		<category><![CDATA[compensation]]></category>
		<category><![CDATA[history]]></category>
		<category><![CDATA[incentives]]></category>
		<category><![CDATA[leverage]]></category>
		<category><![CDATA[speculation]]></category>

		<guid isPermaLink="false">http://www.freedom24.org/rationalpost/?p=486</guid>
		<description><![CDATA[The latest in a long series of articles on the Rational Post sharing a common refrain: those who forget economic history are condemned to repeat it&#8230;
Originative sin: the future of banking
By John Plender at FT.com, January 4 2009
For the late John Kenneth Galbraith, an acute observer of market folly, finance and innovation were fundamentally incompatible. Every new financial instrument, he said, “is, without exception, a small variation on an established design, one that owes its distinctive character to the &#8230; brevity of financial memory”. The world of finance “hails the invention of the wheel over and over again, often in a slightly more unstable version”.
After the devastating collapse of a credit bubble that had seen explosive growth in new financial ...]]></description>
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		<title>the forever war</title>
		<link>http://www.freedom24.org/rationalpost/2009/01/05/forever-war/</link>
		<comments>http://www.freedom24.org/rationalpost/2009/01/05/forever-war/#comments</comments>
		<pubDate>Mon, 05 Jan 2009 17:35:32 +0000</pubDate>
		<dc:creator>The Editor</dc:creator>
				<category><![CDATA[in other words]]></category>
		<category><![CDATA[the middle east]]></category>
		<category><![CDATA[world affairs]]></category>
		<category><![CDATA[geopolitics]]></category>
		<category><![CDATA[history]]></category>
		<category><![CDATA[middle east]]></category>
		<category><![CDATA[policy]]></category>
		<category><![CDATA[war]]></category>

		<guid isPermaLink="false">http://www.freedom24.org/rationalpost/?p=484</guid>
		<description><![CDATA[If there&#8217;s any doubt remaining among global power-brokers that short-term foreign policy objectives are fundamentally flawed, recent events in the Levant have provided ample evidence. Such tribal conflict has played out in the Garden of Eden since northern Neanderthals and southern proto-human colonies first crossed paths during the last major Ice Age. Since that time, control over the region has changed hands a number of times, from Semetic tribes to Egyptian pharaohs to Roman Catholics to Muslim traders to Christian crusaders to Muslim Turks, and so forth. For every fence that was built and every line that was drawn, rivals always built a bigger ladder or dug a deeper tunnel. And so the feud was passed from generation to generation, ...]]></description>
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