Readings

I'm doing a fair bit of reading in economics etc. this week or so, so I'll be making observations on the stuff I'm reading. Probably nothing completely novel or earth-shaking that hasn't been observed for a century or two already, but my thoughts, anyway.

I'll start you off with a little quote from Karl Marx, 1852, taken rather out of context by me:

Hegel says somewhere that all great events and personalities in world history reappear in one fashion or another. He forgot to add: the first time as tragedy, the second as farce.

I'd like to nominate Bush the Elder as tragedy, and Junior as farce.