Archive for the ‘imf’ Category

A sex scandal puts the International Monetary Fund on the front page. But what does the global organization really do and are their banking practices as messy as their personal intrigues?

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The Constitution cannot be understood because it’s so old?

The canard that the Constitution cannot be understood is a favorite of those who wish to find things that aren’t there and deny things that are. The 1803 Marbury vs. Madison case, in which the Supreme Court set itself up as the arbiter of the Constitution, and the following cases where the Court ignored the letter of the Constitution in order to find new provisions and dismiss existing ones has led directly to this.

The six pages of the constitution are simple enough that a high school student that couldn’t figure it out should not graduate. Is the language a bit archaic? Yes, I’ll grant that, if you’ll grant that the failure of the public schools to teach English. It’s certainly easier to understand than the deliberately obtuse 2500 page bills passed in the dead of night designed to restrict the liberties protected by the Constitution, in order to elevate “pubic servants” to the new aristocracy.

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Unfortunately it is very necessary (unless you prefer to watch Fox Business or Glenn Beck popularize the issue).

The Peterson Institute for International Economics is a private, nonprofit, nonpartisan research institution devoted to the study of international economic policy. Since 1981 the Institute has provided timely, objective analysis and concrete solutions to key international economic problems.

Business Insider says, “Here’s Niall Ferguson’s Complete And Definitive Guide To The Coming Sovereign Debt Crisis.” Niall Ferguson is a contributing editor for the Financial Times and a regular contributor to Newsweek. As a Historian and economic expert, he contributes often to television and radio shows in the U.K. and the U.S. He has authored multiple books, among them best-selling book “Ascent of Money: A Financial History of the World”, published in 2008. He is a Professor of History at Harvard University and Professor at Harvard. Business School. He graduated from Magdalen College (Oxford University) in 1985. He was a Hanseatic Scholar in Hamburg and Berlin and a Research Fellow at Cambridge. He was then a Professor and Financial History at Oxford.

The lecture actually begins at the 8:45 mark after all the intro fluff.

To access the lecture’s slides click here.

To access the lecture’s transcript click here.

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