Category Archives: Politics

Edward Snowden Testimony at the Parliamentary Assembly of the Council of Europe

Snowden’s big messages were familiar: the lack of effective supervision of the US surveillance state, the scope and methods of surveillance, and the ability of citizens to protect themselves if they use strong enough encryption of their data and their communications. But it was striking to see, even in such a formal setting, how seriously European officials took his remarks.

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All in the Family: Tunisia as a Case Study in State Capture, aka Kleptocracy

If kleptocracy is a disease, Tunisia is in Stage 4. Its ruling family that controlled an impressive swathe of the economy. But what is sobering about the Tunisian case study is that an overthrow of the government has done little to reverse the concentration of wealth and power. Is that because Tunisia was so far gone, or is this native to kleptocracy, that once it becomes established, it is difficult to extirpate?

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SEC Lawyer on Goldman CDO Case Describes How the Agency Wimped Out

Susan Beck at American Lawyer (hat tip Abigail Field) has managed to get an inside view of what was going on at the SEC when it launched its case against Goldman and a Goldman vice president, Fabrice Tourre, over a Goldman CDO called Abacus that went spectacularly bad. So was the SEC corrupt or merely incompetent?

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Philip Pilkington: What Constitutes a Money Crank?

By Philip Pilkington, a writer and research assistant at Kingston University in London. You can follow him on Twitter @pilkingtonphil. Originally published at Fixing the Economists I’ve been asking myself that question rather a lot in the past two weeks. This is because I have had two separate commissions for pieces of writing that require […]

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