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Believe it or not.” – Ripley, (At the 7:17 mark) queued video. That is one very thought-provoking link, Mishelle. But, before my own “wake up” I did not think I felt self-loathing at all. In 1985, census figures showed nearly 20% of Americans had moved house in the previous 12 months, but by 2018, this figure had more than halved. Since then Christianity came and some converted to Christians, and Islam came and some other converted to Islam. One is a warmonger and the other, one of the most liberal in the senate over the last quarter century, also supports our wars. So the notion that this is some divide-and-conquer strategy here is rather absurd. Anyway, his thought was, and I paraphrase: In this life you can do as you please, as long as you keep an eye out for the policeman on the corner. But no one really looks at the holocaust, how that tale developed, how truthful it is, how that myth is used as a club to beat the rest of us, and the consequences of that. "For example, if taxes on people making more than £500,000 a year are very high then companies will not feel the need to pay them those very high wages in the first place - because they would just go to the Treasury's coffers anyway.". http://www.wsj.com/articles/italy-votes-no-in-referendum-projections-indicate-1480891355, Excerpts – …Like the other populists across the continent, Mr. Hofer wanted to roll back the power of the European Union, toughen border controls, crack down on the flow of refugees and migrants to Europe and improve relations with Russian President Vladimir Putin…. And my abilities do not depend on the agreement of others. Read about our approach to external linking. (2003). – Italy – 5 Stars With Africa: Why Economists Get It Wrong, Morten Jerven offers a bracing corrective. Simple in my eyes, but maybe I am being too simplistic? This was the top six: In Good Economics for Hard Times, Profs Duflo and Banerjee grapple with how to deal with some of the 21st Century's biggest challenges, and argue that economists are more important than ever in today's polarised world. Humans are not perfect. Prof Duflo says higher tax rates have to be matched by better services or targeted help for those who need it most. Conventional economics maintains that "if you are in a job working in a clothes factory in some small town in the US, and that job vanishes because of competition from China, you will pack up and go miles away and take a job selling new clothes in a shop," she says. Anyone? Since 2008 I’ve asked every financial expert, banker and accountant I’ve met along with members of my entourage if they’ve heard of the BIS or BRI (in French). You may find the concept of neurolinguistic programming interesting. The state was left without enough money to pay for public services, and officials were forced to cut the school week to just four days. I also did not realize I was a slave. When I say the word “economist,” what comes to mind? Iran passes law to boost uranium enrichment, Trump 'stoking vast conspiracy' - Georgia official. New users may register here. What does UK vaccine approval mean for US? What, then, is … And US population mobility is certainly decreasing. Do they know what a sham Freud’s psychoanalysis was as science and how its been used to impact thinking in the west? Very nice episode of Tom Woods show here. This, I believe, means that while catallactics is and must be the major focus of economics it must be put in the proper context – exchange on the market (which is what catallactics is all about) is a way for humans to overcome the problem of scarcity. “I will show you why you can’t beat Wall Street. African growth recurring 4. – – – Are behaviors controlled to some degree by the beliefs held by the individual? (they also tend to stick together in groups based on their religion – which i guess we all would do if we felt we are not accepted by the others). (Case in point: Paul Krugman. "I would say historical experience has shown that trade reforms in developing countries have improved their economic performance and resulted in significant poverty reduction.". "Policymakers need to look at policies that will help the person who has lost their job in a factory because they got replaced by robots or because the the item is now made in China. More to the point …..I find that MANY people actually want to be lead. What an explosive, and fresh view, from historians such as the Israeli Shlomo Sand referenced in the above video. How do those puzzle pieces fit into the big picture? authoritarian interference The Euro and bailouts…oh my! This article is more than 1 year old. In truth, most African economies have been growing rapidly since the 1990s—and, until a collapse in the ’70s and ’80s, they had been growing reliably for decades. Quick. Business owners take a big hit on their profits, loans get renegotiated, all in order to preserve as much as possible of the status quo.". Self-loathing? Conventional economic theory doesn't focus on what people actually care about, they say. Uranium enrichment would increase to 20% with UN inspectors blocked, if sanctions are not eased. Video, Love in lockdown: The couples who split up, Why Trump keeps outperforming the polls. I fear, should catallaxy exist one day, it will be because it was accorded and even imposed and not acquired through self appropriation. © 2020 BBC. I’ve asked the majority of the people I know and those I’ve come into contact with if they’ve ever seen a chemtrail. Original Jews (if there is such a thing) are not “white”. 93-122. The IRS Proves the Left’s Favorite Economists Wrong New data contradict Saez and Zucman’s celebrated claim that the rich pay lower rates than the poor. When in fact there is a better explanation. Perhaps the most fundamental form of “mutual benefit” was peons submitting to the strongest warriors’ rule in exchange for protection. One of the most stunning revelations in my own experience came just recently, and serendipitously: https://www.youtube.com/watch?v=GBPZzoVfNEA. Just something to consider. This planet may be a school, and surely the people must be learning something? Love in lockdown: The couples who split up. I’ve asked the majority of the people I know and those I’ve come into contact with if they’ve ever heard of WTC7. – Weekly edition of The Economist for Sep 26th 2020. All i got from your post above is.. Needless to say this is a perspective totally redacted from public view in the west. Is that why we hold onto our rulers so tightly? The discipline of economics has a lot of problems, in part because it's not indepen This is more a scholarly document than a book. we all bring different sets of skills to the table. Why are so many governments getting it wrong? Yet when asked if they themselves would move for a job, only 52% said yes. It is everything… when you need to achieve something “nobody” wants, you will have to employ economists, doctors, and scientist that are corrupt or corrupt-able. The BBC is not responsible for the content of external sites. We talk about the impact of AIPAC, but how many people know the way Mearsheimer and Walt were viciously attacked for writing a fair and balanced book on the subject? It is not just that there are some equations here and there that need refining. lol, I liked it and agree, as frustrating as that is. Video, Baby girl born from record-setting 27-year-old embryo, 'Covid ended our marriage': The couples who split in the pandemic, Iran nuclear crisis: Law aims to boost enrichment and block inspectors, China's Chang'e-5 Moon mission returns colour pictures, South Africa's lottery probed as 5, 6, 7, 8, 9 and 10 drawn and 20 win, Covid-19: Pfizer/BioNTech vaccine judged safe for use in UK. They were my colour (and in fact my own ethnicity). I have since acquired two of Sand’s books, and am currently reading The Invention of the Jewish People. The uniqueness of the individual is a net benefit to the community. Also, for your information, There are Muslim Arabs, Christian Arabs, Orthodox Arabs, Jewish Arabs, Crazy ISIS Arabs, yet they are all Arabs. – If individuals are different and we must allow individuals the freedom to express themselves….how are we to respond to those individuals who have the ability to inspire and lead? Could it be that all persons in this article have a common link? When we discard the notion of economies we are likely to end up agreeing with Marxists (and technocrats) that “scarcity is a historical category only” ( quote from Human Action , as above). – Italy – this made them the “under dogs”, and got them to study and work twice as hard just to fit into the society they lived in. I hope you and others recognize that the last two paragraphs of my original post were not me, rather were what Gilad Atzmon said about that list, and that Atzmon is a proud “self-hating” Jew. It seems that the people get the rulers they deserve. Let’s hope that these ‘influential Jews’ know what they are doing because the last two influential Jews who ran the Federal Reserve left the world’s economy in ruin. Up until now I’ve failed to make reference to the concept when on this site. Recently, though, talk has turned to “˜Africa Rising’, with enthusiastic voices exclaiming the potential for economic growth across many of its countries. The Economist 2000: The Hopeless Continent. 1. – Where do YOU choose to draw the border around YOUR community? Why Are Economists So Bad at Forecasting Recessions? It’s a lengthy discourse, there is much in the way of new-aspect thought, and many quotable quotes as well. “I have abilities: the ability called life, the ability to own property, the ability to produce, the ability to exchange, the ability to communicate. What are economists getting wrong today? They need corrupt people at the top to achieve agenda’s that moral good people would never engage in (for example, killing people via wars, bad medicine or over worked via slavery and taxation). You are quoting Mises’ Human Action to support your conclusion but Mises actually makes very different conclusion. It is indeed marvelous, and increasingly so with all those recent technologies but let’s not downplay the central issue – scarcity. Just look at “books”. My self-esteem, my power and my liberty can only be curbed by my own limitations. The opposite happened. (i have seen this first hand!). We don’t talk about the chairmen of the Fed being Jewish for the last 30 years. We don’t think about having 3 out of 8 supreme court justices being Jews, and that it would be 4 of 9 had Obama’s nominee been approved. For example, when the US imposed thousands of tariffs on goods in the 1930s, over a thousand economists wrote to President Hoover asking him to veto the bill. It also wants to abandon EU budget strictures and has said it might favor printing a parallel currency…, …Europe is facing a prolonged period of political upheaval, with elections also slated for 2017 in Germany, France and the Netherlands, all countries where economic anxiety, opposition to the EU and a surge in migration have fed growing support for populist parties…. Labour has vowed to make the rich pay more tax, and some party members have even suggested there should be no billionaires in this country. Video, Trump 'stoking vast conspiracy' - Georgia official, Love in lockdown: The couples who split up. Do people understand the nature and impact of Jewish intellectual movements on the west, are you allowed to talk about that? Neoclassical economists are humans. In reality many people don't move even after a factory has closed down. Sage wise man? We don’t think about really the only set of actual thought crime laws in the “free-thinking” west being related to holocaust denial, and we don’t look at how those laws were enacted. Some puzzle pieces contribute significantly to the overall fitness of the community while, let’s be honest, some puzzle pieces struggle to fit in. I see and talk to lots and lots of people every day for my job and have been doing so for years. People here talk about folks following the commands of their oppressors. “Given our past record in predicting the economic impact of technology, economists will probably get this wrong again. What if the economists are all wrong on productivity? "This is really not a lot," she says. VoA, I just wanted to another thing as possible clarification. In other words, catallactics should be part of economics, not study of its own. The field of economics is in fact built on an entirely false premise and thus cannot yield anything but results that are only coincidentally related to reality… To see why economists have no problem with price gouging, it is crucial to understand the central role that prices play in modern economies. Jews make up about 2% of the US population, and they have an impact way out of proportion to that. Can a culture with a collective consciousness filled with violence, war and tittytainment Economists seek to explain our world but they often get things wrong, argue two Nobel prize winners. However, some skill sets are more valuable to the community than others. Janet Yellen, Chairwoman of the Federal Reserve If economics is a science, why isn't it being more helpful? Of those who were unemployed, only a third said they were willing to move. Why Economists Are Wrong About Sweatshops and the Antisweatshop Movement. Money does play a role; moving house may be too costly, or any pay rise might be eroded by higher living costs, says Prof Duflo. Which is why this site is so valuable to me. 3. They were my colour (and in fact my own ethnicity). But not that much poorer.". My comment above was one of my characteristically feeble attempts at humor but actually had the same tone as the condescending comments on the WUWT comments board disparaging “chemtrail nutters” in response to Tim Ball’s article on Chemtrails… hmmmmmmmmmm. Trapped in history? Who is winning today? On the other hand, Haim Saban took the #1 spot this year – go, Haimie! By Szu Ping ChanBusiness reporter, BBC News. "Economists are always saying on the one hand - but then on the other hand," says Esther Duflo, professor of poverty alleviation and development economics at the Massachusetts Institute of Technology (MIT). Someone whose deep understanding of the complex web of billions upon billions of daily interactions in the sphere of human activity enables them to predict the outcome of those interactions years in advance with near certainty? Wouldn’t a catallactic society require immense self and mutual respect among its members? Thank you for your reply and your link. Will they be taken care of in the new system? just asking…, Came acroos the Jerusalem Post’s 2014 list of the most influential Jews. Election 2020; ... Because so many things can go wrong… ET The Nobel laureate Friedrich von Hayek lucidly argued that for an economy to function efficiently, decision-making needs to be decentralized. What would Cadallaxy have to conclude about an urban subset of the populace which is on average poorer, less educated and over-reproductive, and chooses as a primary survival and betterment strategy the acquisition of Cadillacs? We don’t think about how unique that is and what it really means about that people. I rule no one and no one rules me. We are trained to look at Jews as a religious group and not as an ethnic group, as a cultural group. – – – Is James a leader? It is a common weakness to respond to the flattery of being asked to make a prediction. This actually does seems to be the kind of issue where this would apply, right? But if you think Jews are just another sub-group of white Americans within the ruling power structure I think you need to think again. For full access to the subscriber newsletter, and to support this website, please become a member. This content is restricted to site members. The important matter here would be that Jews revolted against their own religion and so created the animosity with Christianity. Even today, the threat of tariffs sends wobbles through stock markets. Sheldon Adelson, CEO and owner of Sands Hotel and Casino, philanthropist VideoWhy Trump keeps outperforming the polls, China's Moon mission returns colour pictures. dumb question inspired by your intriguing border questions: when the catallactic community whose activities revolve around the cultivation of viruses, the enhancement of radioactive materials and the development of cloning and other DNA engineering techniques gets organized who will decide what cooperation code is inacceptable for the well-being and continuation of the world’s communities? On your overall theory, I don’t know about wherever it is you’re from, but in the US we’re not trained to hate Jews, rather it’s quite the opposite, we’re trained to not even see them as Jews, rather just as more white people. I’d have freed 1,000 more had they known they were slaves.” He is a prominent economist who is well versed with economic matters as well as dynamics in performance of financial markets. Also, a couple phrases which hit a chord with me… – Will there be any snowflakes that fail to make ends meet? Regarding spontaneity; consider the above picture of 4 differently colored puzzle pieces coming together: Snowflakes, specialization, division of labor…. Misunderstanding economic growth in Africa 2. I’ve pointed to ‘chemtrails’ as they are being sprayed, have photos of them all over my blog, have been trying to “wake up” folks for years now (even regularly changing my tactics to try new methods) and I still don’t personally know a single person who has taken any action, even to speak up, against them or anything else NWO. There has been considerable hand-wringing about why productivity growth is anaemic and inflation is stubbornly low. 4. And to a significant extent it’s the Jewish elite who have greatly influenced that training. Prof Duflo says the evidence suggests that rich people don't suddenly stop working because of higher taxes, but adds that just taxing the wealthy more won't necessarily generate extra revenue. Yet Prof Duflo cites research by MIT academics Arnaud Costinot and Andrés Rodríguez-Clare that shows that the gains to the US from trade are about 2.5% of gross domestic product (GDP). My understanding was that the catallactic community you allude to already HAD organized and that their plan included a code of cooperation. Today, trust in economists is barely above that of politicians. "Unless we have a successful answer to this question, then just taxing the rich is not going to help because it's not going to make those people less angry.". It must be a conspiracy of the privileged classes – they are preventing us from entering post-scarcity age, right? Why economists are getting worried about 2021. If the intent of education was to produce polymaths who firstly have their own survival abilities covered, I.E. It is the “Jews” that is to blame… and if we apply the same logic to ISIS, then it is the “Muslims” that are to blame… Which in my opinion, is a “Divide and Conquer” strategy deployed and “paid for” tactics designed by the “Powers that shouldn’t be”. The idea that more trade is good is "deeply engrained" in many economists, says Prof Duflo. A separate study of 10,000 Americans by the husband and wife team showed 62% of respondents think the jobless should move to find work - even if the job on offer is 200 miles away. Yes. live in a state of catallaxy? I am responsible for every aspect of my life. The same question can be asked about neoliberalism, I think. How can it be that a profession that likes to call itself a science (even a dismal science) and whose practitioners are entrusted with steering the economies of entire nations can be so consistently, horribly, laughably wrong?

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