Friday, December 31, 2010

Geloiocracy - Rule By The Ridiculous

The neologism was coined by Paul Krugman in a pair of posts on his blog (H/T Bryan for the link). Indeed. If there's anyone more worthy of ridicule than the banksters and fraudsters of Wall Street, I don't know of them. Read Krugman for details.

5 comments:

  1. Here's wishing you and Stella a very happy new year

    ReplyDelete
  2. In Ireland it's spelt Gaeliocracy.

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  3. jams - likewise to you and the not-wife!

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  4. Musgrave - welcome! Now that's funny... when I first saw the word, that's how my mind transformed it, before I stopped and looked more closely. If Ireland is an example, Gaeliocracy is compatible with austerity, and neither is compatible with recovery!

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  5. Aside to Musgrave: I notice on one of your sites that you follow Stefan Karlsson. I follow Stefan Karlsson, too, but the Stefan Karlsson I follow is a different fellow, a truly excellent jazz musician. Maybe the name is the "John Smith" of Sweden.

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