One Of The Consequences Of The Iranian

Is There Any Purpose To Translating Poetry? A Poem Does Not Contain Information Of Importance, Like A Signpost Or A Warning Notice.

Bulls Don't Read. Bears Read Financial History. As Markets Fall To Bits, The Bears Dust Off The Dutch Tulip Mania Of 1637, The Banque Royale Of 1719-20, The Railway Speculation Of The 1840s, The Great Crash Of 1929.

For All Their Current Prestige, Osama Bin Laden And The Suicide Bombers Are Still Regarded In All But The Most Desperate Districts Of Gaza Or Peshawar As Romantics With Little Chance Of More Than Symbolic Victories, However Bloody And Brutal. That Gives Both The Middle East And The West A Small And Distant Hope Of Security.

Europe And North America, We Are Told, Are Less Dependent On Energy-intensive Heavy Industry Than In The 1960s And 1970s. It Seems We Squeeze More Gdp Out Of A Barrel Of Oil Than In Those Benighted Days.

The Prevailing Ideology Of The Modern West - Which Is Political Economy - Is In The Doghouse. Having Failed To Notice Atmospheric Pollution, The Economists Then Frightened Themselves With The Sort Of Financial Crisis They Said They Had Abolished.