Monthly Archives: July 2014

The Billionaires’ Club

This breaking story sounds familiar: Over the past fifty years, America’s environmental movement has grown from college kids adorning flowers to a billion dollar industry. With huge budgets to employ lobbyists, lawyers, and public relations professionals, many of America’s leading … Continue reading

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All So Blatant

Two remarks I read today. First: Sir Peter Westmacott, the British Ambassador to Washington, broke new diplomatic ground in his interview with MSNBC TV on 28 July. Asked directly to eschew diplomatic language and give three words describing Russia’s President … Continue reading

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Ball And Chain

What are smoking bans supposed to achieve? I think they’re supposed to ‘help’ people quit smoking. Actually, I don’t think it’s about ‘helping’ people quit smoking: it’s about making them quit smoking. They make people quit smoking, by disallowing smoking … Continue reading

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Plain Packaging Challenged

I’ve always been a bit puzzled how governments can erase product brands, and replace them with its own messages. Other people think the same: In a note to investors in tobacco stocks Exane BNP Paribas said it had taken legal … Continue reading

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The Calm Before The Storm

AEP in the Telegraph: There must be an extremely high risk that the Kremlin will defy Western sanctions and launch “asymmetric retaliation” on the ground, overthrowing the post-Cold War settlement altogether. Markets seem strangely insouciant as the geopolitical order of … Continue reading

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The Party’s Over

I’ve never been on a cruise ship. But to the best of my knowledge life on one of them is more or less one non-stop party, from dawn to dusk. But it seems that now the party’s over. Cruise Lines to … Continue reading

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Madness

That’s what this seems like to me. Proposed EU sanctions threaten to shut Russia out of the world financial system. They just seem to want to dominate and humiliate and provoke Russia. Do they want to start a war or … Continue reading

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