Tuesday, June 21, 2005

The Ruth Lea Appreciation Society

She's back - the right wing economist with a great line in revisionism.

From the Institute of Directors, the great thinker has now moved on to become the Director of the Centre for Policy Studies, espousing multi speed Europe, Britain and "new" Europe (that's right, Ruthie has picked up on Donald Rumsfeld's memorable dichotomy put-down for France and Germany - although he used it to castigate them for not joining the Coalition in Iraq, Ruthie has taken it up as a term of derision for the social democracy she so hates) as bastions of "Anglo Saxon" economic values. No, that's not pillaging monasteries, but rather "competing" with low-wage economies.

Watch out, folks - when she really gets going it'll be bye-bye minimum wage and parental rights: if they don't have it in Myanmar, why should we?

Times might change, but Ruth just goes on, and on and on...

Old economists never die, they just find another market.

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