Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
this is not really my definition, but one that seems to be prevalent, or at least implicit, in the Anglo Saxon pundit circles (the "Washington Villagers" and their London cousins). But using it this way helps make sense out of a hell of lot of assertions on the public stage.

It's like the definition of "growth" - when you realize that it onle refers to the top 1% of incomes, you suddenly understand current economic "wisdom" a lot better.

In the long run, we're all dead. John Maynard Keynes

by Jerome a Paris (etg@eurotrib.com) on Sun Aug 17th, 2008 at 05:50:56 AM EST
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