economics
November 18, 2009
- Advocates of today's mainstream economics still commonly use the guild economies of the Middle Ages as a convenient whipping boy, following a fashion set in motion by Adam Smith. A glance at the way those older economic systems worked in a world of limited markets and difficult transportation, though, suggests that the failed economic paradigms of the present have no reason to boast. The latest ...
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November 11, 2009
- It's common these days to hear claims that any shortfall in energy due to peak oil will automatically be taken care of by the market. Unfortunately for such rosy-eyed notions, there's good reason to think that in an economy constrained by energy shortages, market forces will drive money away from investments that could make a difference. The latest post from The Archdruid Report.
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November 4, 2009
- Pick a problem, any problem, and dollars will get you doughnuts somebody will pop up insisting that the free market will solve it. There's just one difficulty with this comfortable faith -- free markets are as mythical as hippogriffs. The Archdruid explains, in this latest post from The Archdruid Report.
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September 30, 2009
- Plenty of people these days think of metaphysics as one of those abstruse subjects that give otherwise unemployable academics something to do with their time. Meanwhile the industrial world hurtles toward disaster along a trajectory defined, in part, by a common metaphysical error. The latest post from The Archdruid Report.
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September 25, 2009
- [This is an expanded version of a talk given to the University Democrats student group at the University of Texas at Austin, September 23, 2009.] For months, leftists have been pointing out the absurdity of the claim that Barack Obama is a socialist. But no matter how laughable, the claim keeps popping up, most recently in the form of the Republican Party chairman’s warning of “a ...
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September 23, 2009
- Ever noticed that whenever the economy is preparing to tank due to the latest delusional speculative binge, the vast majority of economists who make any public comment at all can be heard insisting that nothing is wrong and everyone can get rich? The Archdruid has. Here's the latest irritable post from The Archdruid Report.
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September 6, 2009
- The Great Exploitation Proliferation Chapter 4I'm going to start with the beginning and bring you up to this age. Record and science backs up the origins of man kind being traced to the survivors of the great flood of Noah recorded in the Jewish Torah and the Christian Bible of the Old Testament. Genesis documents Noah, his wife and their three sons with their wives where the remaining 8 human ...
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August 30, 2009
- THE GREAT EXPLOITATION PROLIFERATION Chapter 3What has this world come to? People ask that question alot! The question is where has this world come from? Nobody asks that question and it seems to me to be the more logical question of the two. History is one of the most important subjects in grade school. Reading is of course the most important...writing...and Arithmetic. Your basic ...
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August 19, 2009
- The Archdruid returns from vacation with a flurry of unexpected announcements and a glimpse at a future resembling nothing so much as the nineteeth-century past. The latest post from The Archdruid Report.
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July 31, 2009
- Amid the country’s headlong rush for “change,” we have at last found a workable model for a successful economic stimulus program—one that might, indeed, bring about some real, positive and immediate change. Ironically, this model is found in the so-called “Cash for Clunkers” program, which at the time of this writing is six days old… and which, also at the time of ...
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