Well, I just lost a long post about the so-called Swedish model due to my own stupid carelessness the combined malevolence of Windows XP and MS Word.
Anyway, the main point was to say that the article on the subject (free for non-subscribers) in last week’s issue of The Economist was really a dishonest hack [...]

John Kay had an article in the Financial Times earlier in the week, and this seems to have caused quite a ripple around the blogsphere (Eurozone Watch, Economonitor, Claus Vistesen at Alpha Sources). The article was about whether or not it was technically possible for Italy to leave the Eurozone. (Update: Sebastian has a [...]

I’ll keep this brief since there are some excellent guest posts just a little bit further on down the page just waiting for you to read and comment on. I’m not sure whether this is more about form or content, but the UN has a supremely interesting and readable report out today, as part of [...]

Our next anniversary guest post is from the estimable Mark Thoma.
The Fed and the ECB have different economic outlooks for the U.S. and European economies. For instance, the Financial Times reports:

Fed and ECB diverge on economic outlook, by Chris Giles and Ralph Atkins, Financial Times: The Federal Reserve and the European Central Bank [...]

An unlikely Helen, Spain’s deputy prime minister, Maria Teresa Fernandez de la Vega, that’s for sure. Yet outside a few thousand years difference in timing the two seem to have been cut out for one and the same the same historical role: urging the boats to go back. Indeed the only thing which really separates [...]

After the Russian gas showdown with Ukraine, the Turkmen gas showdown with Russia. Two can play at that game, it seems. No doubt a lot of this is motivated, like the Ukraine crisis, by the decision makers’ own corruption interests in their Austrian, Swiss or God knows where nominee companies and numbered accounts. No doubt [...]

Time is a fascinating concept. Today we learn that, according to the Oxford English Dictionary, ‘time’ is top noun in use terms in the English language. Interesting statistic that, especially as time is such an integral component in our decision making process.
Also in today’s news we learn from Dr. Kunio Kitamura of the Japan Family [...]

There is not much market for reviews of books published almost a decade and a half ago, so without further ado, my thoughts on The Prize, by Daniel Yergin. This evaluation is overdue because I started reading the book when I bought it, back in 1997. I put it down around page 400 (which is [...]

When I lived in Vienna, in 2001-2002, I lived in the 11th District, Simmering, a roughish working-class suburb struck through with railway lines and motorway spurs. Specifically, I lived in one of the four huge brick gasometers of the former city gasworks, once Europe’s biggest, now redeveloped as a mixture of shops, flats and a [...]

Remember this post, about Sweden’s new year’s resolution to give up oil by 2020?
According to Jeremy Faludi at Worldchanging.com, it might not be as difficult as you think.
For example, currently, 6% of Europe’s electricity generation is from renewable sources. If they wanted it to be 100% by 2025, they should expand renewable energy generation by [...]