The results of the EU-wide stress tests on banks are out. The EU banks seem to celebrate that all is well. Catastrophe was avoided. The capital that some of them would need to raise seem to be so low that a celebratory tone is raised in the sky. Tranquility needs a poem to be celebrated.
Welcome to a new version of Alexander’s Feast, originally composed by Dryden in 1697 and made into a choral by Handel in 1736. The poem describes the banquet organized by Alexander the Great when he defeated Darius and captured Persepolis.
The AEC’s fundamental goal is to promote a free, responsible and prosperous society. Through education and improving public understanding of key economic questions, the AEC promotes the idea of a free market economy and the ideal of a free society.