Saturday, March 19, 2016

Eric Liu and Nick Hanauer — Traditional Economics Failed. Here’s Why We Need a New Blueprint.

18th century thinking versus 21st century thinking.

Traditional Economics Failed. Here’s Why We Need a New Blueprint.
Eric Liu and Nick Hanauer


Matt Franko said...

"as Darwin’s theories of natural selection and evolution took hold,...... this mutated into another ethic: Every man for himself."


"Compared to the backward-looking, authority-worshipping, passive notion of self-interest that had previously prevailed,"

Well to get out of this current mess (completely), its going to take a much IMPROVED understanding of authority across mankind...

Meanwhile current PTB looking for even more liberty... until this changes there is no chance and its never going to happen...

Matt Franko said...

"We used to understand the world as stable and predictable, and now we see that it is unstable and inherently impossible to predict."


Wth are these people even talking about?

Drive to work today over any bridge.... prediction: the bridge isnt going to fall down dopes....

If you are in the northeast US.... prediction: snow tomorrow morons...

"impossible to predict" ????????????????????????????????



Matt Franko said...

"Thus does consumption of Middle East oil produce climate change, which creates drought in North Africa, which raises food prices there, which leads a vendor in Tunis to set himself afire, "


"local police officers had allegedly targeted and mistreated Bouazizi for years, including during his childhood, regularly confiscating his small wheelbarrow of produce;[15] but Bouazizi had no other way to make a living, so he continued to work as a street vendor. Around 10 p.m. on 16 December 2010, he had contracted approximately US$200 in debt to buy the produce he was to sell the following day. On the morning of 17 December, he started his workday at 8 a.m.[11] Just after 10:30 a.m., the police began harassing him again, ostensibly because he did not have a vendor's permit.[19] However, while some sources state that street vending is illegal in Tunisia,[20] and others that Bouazizi lacked a required permit to sell his wares,[11][19] according to the head of Sidi Bouzid's state office for employment and independent work, no permit is needed to sell from a cart.[18]

Unfortunately, Bouazizi did not have the funds to bribe police officials to allow his street vending to continue.[11][21] Similarly, two of Bouazizi's siblings accused authorities of attempting to extort money from their brother,[18] and during an interview with Reuters, one of his sisters stated, "What kind of repression do you imagine it takes for a young man to do this? A man who has to feed his family by buying goods on credit when they fine him...and take his goods. In Sidi Bouzid, those with no connections and no money for bribes are humiliated and insulted and not allowed to live."[17]

Bouazizi's family claims he was publicly humiliated, that a 45-year-old female municipal official, Faida Hamdi,[2][10][15] slapped him in the face, spat at him, confiscated his electronic weighing scales, and tossed aside his produce cart.[19] It was also stated that she made a slur against his deceased father.[17][19] Bouazizi's family says her sex made his humiliation worse.[10][22]"

Yeah.... sounds like a textbook case of global warming....

wtf is wrong with these two ???????


Bob said...

Twas the straw that broke the camels back, Matt.

Just like that art school in Austria who rejected the work of a young painter from Vienna in 1907 and again in 1908.


Auburn Parks said...

Bob the sad thing is that its true. Human experience is additive only. We become who we are based on our past experiences (one of the many reasons why there is no such thing as free will). So those rejection definitely played a role in the future outcome.

Its just such a stupid and ideological remark that Matt quoted. If climate change played some small role in prices and shortages its vastly overwhelmed (like 99 to 1) by all the shit Matt shared about how terrorized he was by the authorities. So dumb to blame climate change here