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Items tagged with: Economics

Russ O
1 week ago

‘ #Socialism for the rich’: the evils of bad #economics

Inequality fell in most countries from the 1940s to the 1970s. The #inequality we see today is largely due to changes since 1980.
[...]
Any argument that rising inequality is largely inevitable in our globalised #economy faces a crucial objection. Since 1980 some countries have experienced a big increase in inequality (the US and the UK); some have seen a much smaller increase (Canada, Japan, Italy), while inequality has been stable or falling in others (France, Belgium and Hungary). So rising inequality cannot be inevitable.
Excellent demolition of the #... show more
Andrew Jackson
2 weeks ago from WP to diaspora*
pros and cons of capitalism and communism

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first of all there is not one form of capitalism and not one form of communism there different “flavors” of the both, where capitalism and communism is the same is marked in orange. (warning, list is by no means complete, feel free to comment)

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Oliver Bender
2 weeks ago

A reminder that Trump's tariff war against China might not work out as he expects it to

When Chinese goods arrive in America, importers — which are generally American but can also be U.S.-registered entities of foreign firms — pay tariffs to customs in order to receive their products. In that sense, American businesses are right that they’re the ones footing the bill.
But Trump could be right in that, eventually, it may be the Chinese that pay for the consequences of those tariffs, economists said. That would happen if exporters in China slash the prices they charge their American customers — and therefore earn lower profits — to remain competitive. Effectively, that situation would mean the Chinese companies are paying for the levies going into U.S. government coffers.

One of the latest papers published on the topic is by economics researchers from the International Monetary Fund, Harvard University, University of Chicago and the Federal Reserve Bank of Boston. Using price data collected at the U.S. bo
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Andrew Jackson
2 weeks ago from WP to diaspora*
how to destroy democracy - destroy the education system - cut the funding - USA Germany Brazil they are all doing it - demagoguery = populism


Socrates knew: Democracy only work with well educated people,

destroying education means destroying democracy



Socrates was killed by a democratic process – involving 500 randomly chosen Athens (obviously badly educated)


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Andrew Jackson
3 weeks ago from WP to diaspora*
Since Powell's Iraq-Lie - will the same trick work with Iran - Al Jazeera English May 25, 2019



Al_Jazeera(Arabic: الجزيرة‎, translated: “The Island”) from Doha, Qatar,is one of the best news outlets to cover the middle east.

Qatar is not a friend of Saudi Arabia and other Arabic countries – so you can assume they are “mostly” objective while at the same time producing high quality content such as this video.

Headlines that try to manipulate the public are called “... show more
Oliver Bender
4 months ago

China and US about to outline agreement to end trade war


As officials hold high level talks on Thursday and Friday in Washington, they remain far apart on demands made by U.S. President Donald Drumpf's administration for structural changes to China's economy.

Negotiators are drawing up six memorandums of understanding on structural issues: forced technology transfer and cyber theft, intellectual property rights, services, currency, agriculture and non-tariff barriers to trade, according to two sources familiar with the progress of the talks.

One source cautioned that the talks could still end in failure. But the work on the MOUs was a significant step in getting China to sign up both to broad principles and to specific commitments on key issues, he said.
#US #USA #Trump #... show more
Oliver Bender
3 weeks ago

Trump pays soy bean farmers $16bn amid trade war tensions

U.S. Agriculture Secretary Sonny Perdue said that the first of three payments is likely to be made in July or August and suggested that the U.S. and China were unlikely to have settled their differences by then.

William Reinsch, a trade analyst at the Center for Strategic and International Studies and a former U.S. trade official, called the administration’s aid package for farmers “a fairly overt political ploy.”
Makes sense. First, you restrict trade for those who will always be hit hardest by such some political gameplay in which nothing is to be won by either side, and then, you bail the victims out as if you did them a favour, while you know you are the offender in the whole play. When will he ever learn that he can't win this war? The US have ceased to win wars since Vietnam and Korea.
Economists at the New York Federal Reserve, meanwhile, estimated the latest round of tariff hikes will cost the typical U.S. household $831 a year.
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Andrew Jackson
1 month ago from WP to diaspora*
demagoguery = populism

Demagogue = Populist


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Andrew Jackson
1 month ago from WP to diaspora*
first of mai protests in paris - the world is ripe for gov reform -the rise of nationalism is caused by globalization and capitalism is unsustainable and welcomes those refugees want want to be black life time slaves for white people - no matter the ethics






https://youtu.be/fLJBzhcSWTk

… democracy only works with highly educated people... show more
Oliver Bender
2 months ago

Women playing sports with men a «travesty», according to Fed pick Stephen Moore

Stephen Moore, an economic commentator and former Drumpf campaign adviser, made those and similar comments in several columns reviewed by CNN's KFile that were published on the website of the conservative National Review magazine in 2001, twice in 2002 and 2003.
I wonder why he feels a need to take vacations from women. I would rather see a point when women had to take a vacation from Stephen Moore, but these are only my two cents. At least I don't see a problem in there when women participated in announcements, refereeing or beer vending at Basketball games. Also, this is none of his business, so why did he feel a need to comment on this at all? Couldn't he stick it to himself? There was no need to hear his opinion on this.
In a 2000 column, Moore complained about his wife voting for Democrats, writing, "Women are sooo malleable! No wonder there's a gender gap." In another column in 2000, Moore criticized female athletes advocating for p
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Andrew Jackson
2 months ago from WP to diaspora*
Good News Bad News Fake News - propaganda empires strike back

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Snowden revelation: Russians sometimes good!


“Russian people are warm, they are clever. It’s a beautiful country. Their government is the problem not the people.”

Merkel is Queen Europe: “She is, whether you like it or not, the leader of Europe and as a really senior statesman, she can set new norms of behavior.”

“if the only place an American whistleblower can be safe is in Russia?”

“Make a whistleblower protection law, based on public interest – and stand in for this”

“Now, if... show more
Michael Rupp
3 months ago from Friendica
A new litmus test for government policy
This is an old blog I wrote, and I worked hard on it. Please have a read. Comments with criticism are encouraged. #Government #Ethics #Environment #SocialJustice #Resources #Armageddon #Doomsday #Distopia #Economics #Economy #Sustainability #Policy #Politics #Energy #GreenNewDeal
Categories: Blog Posts [Remove] , Philosophy [Remove] , Politics [Remove]
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