John Kay News

 
Some euros are more equal than others
Financial Times
By John Kay Are your European assets Greek euros, or Spanish euros, or Finnish euros, or German euros? The defining feature of a single currency is that no one asks that question. They do not distinguish Massachusetts dollars from Californian dollars ...


 
New York Times (blog)
When Good Things Happen to Bad Ideas
New York Times (blog)
John Kay has a good piece about the damage done by the obsession with policy “credibility”. This is one of those ideas rooted in theoretical models that happened to mate perfectly with political prejudices, and hence became part of the orthodoxy almost ...


 
IFR Asia
Soviets showed how to break up a union
IFR Asia
I always look forward to Wednesday's pink'un with the Martin Wolf and the John Kay columns. As the crisis has deepened, the former has, in my personal view, lost much of his authority while the latter continues to gain in stature and the comparison of ...

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The dogma of 'credibility' endangers stability
Financial Times
By John Kay You will not find the word “credibility” in the General Theory of John Maynard Keynes. Nor in Alfred Marshall's Principles of Economics, the 19th-century doorstopper that led many economists to say: “It's all in Marshall.
Fiscal credibility vs democracyFT Alphaville (blog)

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Jacqueline DeShaw
DL-Online
... Minn.; 10 grandchildren; six great grandchildren; two brothers, John Richard Stockstead of Bayport, Minn., and C. John (Kay) Black of Steamboat Springs, Colo.; sister-in-law, Kay Stockstead of Minnetonka, Minn.; and numerous nieces and nephews.


 
Distrigas presents scholarships to local science students
Boston.com
Frederick Foresteire, Superintendent of the Everett Public Schools, Tim Kelley, NECN meteorologist, Tony Scaraggi of Distrigas, and Kay Donovan, President of Pope John High School, present $5000 Distrigas scholarships to Lan Tran, a senior at Everett ...


 
The Plantagenets, By Dan Jones
The Independent
John Masefield's The Box of Delights allowed young Kay Harker the option of going small or going swift. Historians have to make the same choice. Dan Jones's first book, Summer of Blood: The Peasant's Revolt of 1381, went small, offering innumerable ...