Who was John Maynard Keynes, and what did he have to say about people, society, and economics?
I received an email message from somebody who seeks my participation in a “save Arizona” panel (his name has been obscured to protect the guilty): Interesting blog site, Guy. Sorry to learn about your separation from UofA, I think. I really don’t know the school very well. You are a bit of a radical in …
The big news on the climate-change front this week, for those of you living in caves, involves a big dose of denial. A large number of emails from the University of East Anglia webmail server were hacked, thus igniting a controversy about whether global climate change is “real.” In a word, yes. Lethally so. Interesting …
The International Energy Agency (IEA) released World Energy Outlook 2009 today. Even before the sham was shipped, it was exposed as a big ‘ol bucket of lies. Seems the current administration thinks Americans can’t handle the truth, so we need to apply some pressure to keep the lid on the facts. If this country’s paragon of transparency (i.e., world’s leading liar) and master of hope (i.e., wishful thinking) actually trusted the American people, perhaps we could avert chaos.
If Ben Bernanke and the fools at the Fed actually thought the industrial economy was recovering, they’d jack up interest rates. When the prime rate is up around 5%, you’ll know the industrial economy is back on track. Alternatively, you can monitor the extinction rate of non-human species.
The world’s first peak-oil recession has come to a close, according to third-quarter numbers invented by the federal government. Apparently flooding big banks, insurance companies, and automobile manufacturers with fiat currency interrupted the plummeting descent of American Empire. The stock markets skyrocketed expectedly. Predictably, so did the commodities markets.
The property of rich folks has always been more important than the lives of the poor, a fact that will continue to create misery for the “other” 99% of us until the entire industrial economy fails. Personally, I can hardly wait.