BOOMERBUSTER
OLD CELLO
Tuesday, December 31, 2019
Friday, April 27, 2018
RE KRUGMAN FERGUSON TRUMP AND THE CONVERGENT GLOBAL HOBBESIAN POOR
It is easy to criticize Trump's war on the poor, when you can then, later, doff your populist cap, and don your liberal globalist fedora, criticizing free trade critics as flatly wrong, again.
Krugman's economists' 99% ideal world is based on the same globalist free trade logic he uses to criticize Trump's 1% tax cuts, a world that ends up, either way, being solitary, poor, nasty, brutish, and short.
Krugman left out Hobbes' adjectives 'poor' and 'solitary', although he uses the term poor as a noun for only the Western poor, thereby begging the larger global poor convergence question, which Piketty, whom he has lauded, also begs.
Which really makes the poor here more poor, tax cuts for the rich, which you detest, or rising (albeit pathetic) wages for the Rest, which you applaud?
The poor here are rich by global standards. But that is really what is changing most now.
The economist has to call it a move toward global equilibrium. Those are the requirements and constraints of his discipline.
The feud between Krugman and Ferguson some years ago was an exercise in passe economists' intramural joint shadowboxing. They are both fine with convergence.
See my recent post re Ferguson's article in The Guardian, 2006:
Tuesday, April 24, 2018
FERGUSON'S EXPLANATION 2006 GUARDIAN FOR WHAT I HAD DESCRIBED REALLY IS CONVERGENCE
If America hasn't always, or even usually, been governed by the best and the brightest, it hasn't been so advised by economists, or journalistic pundits, ever.
This post is dedicated to David Brooks, who has claimed that we became a meritocracy around 1980!
HEATWAVE IN DECEMBER
Friday, July 27, 2018
GLOBAL GROWTH HEATWAVE
Booming these bastards came at a steep price, baby!
Growth you sponsored elsewhere is what they have used to kill you as a civilization.
Externalities, disequilibria, asymmetries, imperfect markets, imperfect competition, etc., nonsense.
I favor global shrinkage.
Chute decline, actually.
"The first thing we do, let's kill all the economists..." Shakespeare paraphrase.
"Eating The Economists" Krugman paraphrase.
Money is the cheapest thing. Cunningham
This post dedicated to Paul Krugman.
Growth you sponsored elsewhere is what they have used to kill you as a civilization.
Externalities, disequilibria, asymmetries, imperfect markets, imperfect competition, etc., nonsense.
I favor global shrinkage.
Chute decline, actually.
"The first thing we do, let's kill all the economists..." Shakespeare paraphrase.
"Eating The Economists" Krugman paraphrase.
Money is the cheapest thing. Cunningham
This post dedicated to Paul Krugman.
Thursday, May 31, 2018
AMERICAN PROGRESSIVE RACISTS
All the Southern states (and Oklahoma) used devices to disenfranchise black voters during the Progressive Era.
Typically the progressive elements in those states pushed for disenfranchisement, often fighting against the conservatism of the Black Belt whites.
A major reason given was that whites routinely purchased black votes to control elections, and it was easier to disenfranchise blacks than to go after powerful white men.
Wednesday, December 22, 2010
RE ENTRE PREENERS TO THE RESCUE RAIL TO RAIL
Makes you think of cats, preening themselves and each other.
Almost no one really qualifies; see some prior posts re those weird individuals who actually do, terms search: really erratic, rail to rail, venture capitalists, Maverick Executive, Thurston Howell, Macaire, Maverick, or simply the blob CEO.
See also BU current School of Management Magazine, I recommend especially the artice entitled "The Overconfident CEO".
You might also take a look at "BU, The Capital of Entrepreneurship".
"The Overconfident CEO": This is pop-management social science par excellence.
This article dances all around ostensible trait ineffablenesses of CEOs. A quasi pathology, really.
I would suggest, merely as a literary rather than a scientific hypothesis, that the overconfident CEO, at night, when all cats are gray, can shade over into some of the traits of The Maverick Executive, or even into the Entre Preener, or even into, Thurston Robert Macaire Howell,
or perhaps The Rooster of Roswell, even. This thing can crow.
Friday, April 27, 2018
KRUGMAN'S POVERTY TRAP CLAP TRAP
RE KRUGMAN FERGUSON TRUMP AND THE CONVERGENT GLOBAL HOBBESIAN POOR
The real Poverty Trap for the Western elite poor, is global income convergence, which he likes.
That is the Real Poverty Trap, not Krugman's Clap Trap about cutting chicken shit programs here for the poor.
Those programs themselves have been designed, and function, to partially mask the real global income convergence Poverty Trap I describe.
EDITED
Wednesday, July 24, 2019
DAVID REICH DIALOGUE, THEY GET CONFUSED
We are closer to pygmies than native americans are to negroes or Neanderthals?
Yes, but pygmies closer to W Africans than New Guineans to N Eurasians or Denisovans.
Whatever. But all people master language and innovate culture in a postmodern way.
He said that? Even pygmies?
More or less. p 17. "mixtures all the way down". p82. If you're a modern human, then you're a postmodern one too.
Whatever. But all people master language and innovate culture in a postmodern way.
He said that? Even pygmies?
More or less. p 17. "mixtures all the way down". p82. If you're a modern human, then you're a postmodern one too.
Pig's breakfast!
Cf Postmodernism 101 DK Great post.
Cf Postmodernism 101 DK Great post.
THIS WAS A CLASSIC
Tuesday, December 18, 2018
THE DEMOCRATS GOT QUEERED THE WAY LINCOLN REPUBLICANS DID IT FIRST NOX NEWS
Lincoln's Black Republicans queered the Democrats in 1860 through Reconstruction.
Trump's White Republicans queered em again in 2016.
Maybe there was another 80 year queering in the middle!
Civil Rights! Close enough for government work!
160 Years, 80 years X 2, S & H Republican Successive Double or triple negro Queering Generational Cycles!
Every 80 years a negro queering of Democrats.
You can go back to say 1776 to 1787, the first 80 year cycle of queering, for the first negro queering, call it really a Democratic self queering, largely by Jefferson, in the Declaration and Constitution themselves, "we hold these truths to be self evident, that all men were created equal...".
The verdict of history.
Someone at Vox, or Fox, has to set me straight on this.......
How bout an outlet called Nox?
Trump's White Republicans queered em again in 2016.
Maybe there was another 80 year queering in the middle!
Civil Rights! Close enough for government work!
160 Years, 80 years X 2, S & H Republican Successive Double or triple negro Queering Generational Cycles!
Every 80 years a negro queering of Democrats.
You can go back to say 1776 to 1787, the first 80 year cycle of queering, for the first negro queering, call it really a Democratic self queering, largely by Jefferson, in the Declaration and Constitution themselves, "we hold these truths to be self evident, that all men were created equal...".
The verdict of history.
Someone at Vox, or Fox, has to set me straight on this.......
How bout an outlet called Nox?
Saturday, October 21, 2017
RE THE CIVIL WAR AND DEMOCRACY
Professor Kaiser has now made the Civil War out as sort of the best example that has been given to Europe, the West, and in fact the world, for what democracy should look like in action.
Fair enough. That is his view, and there is a strong element of truth in that, for me.
Fair enough. That is his view, and there is a strong element of truth in that, for me.
riday, April 1, 2011
RE JAMES GRANT before congress
Great stuff:
http://www.realecontv.com/videos/central-banks/how-the-fed-is-destroying-the-us-economy.html
My views diverge from Grant's, but he is right about one or two things.
He calls the Federal Reserve central planning for the banking industry. That may be partially true, but it has been highly hobbled and fragmentary planning, at best, even for that abusive sector.
Securities laws, also fragmentary planning from the first.
Corporations, weakly regulated, fragmentarily (federal and states' anti-trust laws), by the several states primarily, by the IRS tax laws, intellectual property laws, and private 'remedies'.
http://www.realecontv.com/videos/central-banks/how-the-fed-is-destroying-the-us-economy.html
My views diverge from Grant's, but he is right about one or two things.
He calls the Federal Reserve central planning for the banking industry. That may be partially true, but it has been highly hobbled and fragmentary planning, at best, even for that abusive sector.
Securities laws, also fragmentary planning from the first.
Corporations, weakly regulated, fragmentarily (federal and states' anti-trust laws), by the several states primarily, by the IRS tax laws, intellectual property laws, and private 'remedies'.
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