Date: November 1st, 2006

If you wave money, they will come

1 November, 2006 (08:50) | Uncategorized |

As Europe experiments with its weak-tea version of federalism (or more precisely, with its twenty-first century version of the Articles of Confederation),
 

They didn’t work very well.
 
it is discovering that no matter how many provisions one writes into one’s (rejected and now-abandoned?) proposed constitution, people do what is in their interest, and markets move faster [...]