economics
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Tax Incentives to Companies Bleeding Towns Dry, With Few Results
A lot of the abatements & other supports to bring in business to townships & cities centers on one main process: job creation. Yet nobody tracks any meaningful statistics to see if the economic argument holds up. Yes we can… Continue reading
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Fracking and the Fate of the Earth? A Response
A nice response from my colleague Adam Briggle to the piece I posted earlier, “America’s Secret Fracking War.” Ellen Cantarow has a piece out in Salon today titled “America’s Secret Fracking War.” I wish there was a good word for hyperbole… Continue reading
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America’s secret fracking war – Salon.com
There’s a war going on that you know nothing about between a coalition of great powers and a small insurgent movement. It’s a secret war being waged in the shadows while you go about your everyday life. In the end,… Continue reading
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Political Gnosticism & Far Right Wing Implosion
Oh, America… your ultra right wing folk have utterly melted down. This gent offers a “stiff-upper-lip comrades, we shall soldier on to save the barbarians from themselves” on the one hand and then succumbs to utter doom on the other.… Continue reading
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Class, Race, & Economic Discipline
As always, a nice find by my good brother Carl Sachs. Very interesting. Notwithstanding slavery, segregation and today’s covert racism, the Southern system has always been based on economics, not race. Its rulers have always seen the comparative advantage of… Continue reading
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The Antidote to Ayn Rand < Truthout.org
The last word of Ayn Rand’s dystopian novella Anthem is “EGO.” Grasping the significance of this forbidden word is a kind of divine revelation for the novel’s protagonist, signaling his emancipation from the benighted, collectivist society into which he was… Continue reading
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Speak the Truth & Shame the Devil!
Calling lies “lies” and theft “theft” and violence “violence,” loudly, clearly, and consistently, until truth becomes more than a bump in the road, is a powerful aspect of political activism. Much of the work around human rights begins with accurately… Continue reading
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Makers & Takers: More of the Long Con
A lot of my “everyday” existential philosophizing takes the form of asking people to be aware of the Long Con or the Big Sting… that is where you become your own mark in the long con game of bad faith… Continue reading
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The Ridiculous Rise of Ayn Rand – The Conversation – The Chronicle of Higher Education
Continuing the non-discussion about Ayn Rand and her unfortunate influence: Right-wing think tanks can have Rand (even if she had little use for them). In the academy, she is a nonperson. Her theories are works of fiction. Her works of… Continue reading
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Postal Savings Banks… An Important Idea
Right now, there are few ways for poor people to even try to save what little money they have. It is often hard to get an account, and even if you do, fees will be too high or interest too… Continue reading
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A 2010 Study: Most Americans want wealth distribution similar to Sweden | The Raw Story
The image in most people’s minds about wealth distribution is out of sync with reality. Moreover, despite so much information that deals with the causes & effects of wealth inequality, most folks do not seem to understand why there is… Continue reading
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Boomerang Kids Have Some Rules For Mom And Dad
The second wave of Gen-X, the overlap Gen-Y, and the first wave of Millenials find themselves in the same ship of fools set adrift by Boomers & first-wave Gen-Xers for whom the “system” worked. This is not something that the… Continue reading
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Wealth doesn’t trickle down – it just floods offshore
Often, when I hear folks saying that the rich and super rich are job creators, I ask myself: Exaclty to how much of world economics do you actually pay heed? If profits are not invested into foreign ventures they are… Continue reading
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Bankers and the neuroscience of greed | Ian Robertson | Comment is free | guardian.co.uk
While power in moderate doses can make people smarter, more strategic in their thinking, bolder and less depressed, in too-large doses it can make them egocentric and un-empathic, greedy for rewards – financial, sexual, interpersonal, material – likely to treat… Continue reading
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