Tag: Bangladesh

Abstractions Versus the "Real World": Economic Models and the Apologetics of Greed By Prof John Kozy

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13 February 2012 — Global Research

Economists build models by subtracting from reality the characteristics they deem unessential to the economic situations they model. The result is a bare bones description consisting of what economists deem economically essential. Everything that is discarded (not taken into consideration in the model) is called an “externality.” So the models only work when the externalities that were in effect before the models are implemented do not change afterward. The realm of economic models can be likened to the realm of Platonic Ideas. Both realms are static and unchanging throughout all time. Unfortunately the real world constantly changes. Since externalities are excluded from all economic models and can be expected to change after any model is implemented, all economic models necessarily fail. Economists are frauds and economics amounts to nothing but an apologetics of greed.

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Abstractions Versus the “Real World”: Economic Models and the Apologetics of Greed By Prof John Kozy

Leave a comment

13 February 2012 — Global Research

Economists build models by subtracting from reality the characteristics they deem unessential to the economic situations they model. The result is a bare bones description consisting of what economists deem economically essential. Everything that is discarded (not taken into consideration in the model) is called an “externality.” So the models only work when the externalities that were in effect before the models are implemented do not change afterward. The realm of economic models can be likened to the realm of Platonic Ideas. Both realms are static and unchanging throughout all time. Unfortunately the real world constantly changes. Since externalities are excluded from all economic models and can be expected to change after any model is implemented, all economic models necessarily fail. Economists are frauds and economics amounts to nothing but an apologetics of greed.

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New at Strategic Culture Foundation 29 January – 4 February 2012

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4 February 2012 — Strategic Culture Foundation

Iran against West: Air Defense Chance of Success

04.02.2012 | 00:00 | Dmitri TYMCHUK
There are two possible options on the table in case Israel and the West attack Iran. One envisages a missile strike launched by Tel Aviv followed by an adequate Iranian response. Then Nato steps in playing its favorite role of a “peacekeeper”. The other presupposes a clash between the US 5th operational Fleet and Iranian Navy in the Hormuz Strait. In both cases it’s missiles and aircraft that will strike Iran. It means air defense will bare brunt of the burden repelling the attack…
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Updates on Libyan war/Stop NATO news: September 25, 2011

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25 September 2011 — Stop NATO

  • Societies Cannot Be Reordered By Outside Military Force: Indian Prime Minister
  • Canada: Libya War ‘Success,’ Extend Mission To End Of Year
  • Offshore Bases, Proxy Armies: New U.S. War Strategy
  • U.S., NATO Move Missile Shield Toward Russia’s Southern Borders
  • U.S., Bangladesh In First Major Joint Naval Exercise
  • Shooting In Northern Kosovo, Barricades Remain
  • Three Italian Soldiers Killed In Afghan Road Accident
  • Troops, F-16s Remain: Dutch Defense Chief In Afghanistan
  • Eastern Partnership: West’s Duplicitous Drive To Absorb Ex-Soviet States
  • Arctic: Russia To Increase Military Presence, Wants NATO To Stay Out

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Libyan war updates/Stop NATO news: July 3, 2011

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3 July 2011 — Stop NATO

  • July 4th: What U.S. Stands For In Libya – Cynthia McKinney
  • Russia: NATO Runs Roughshod Over International Norms In Libya
  • NATO To Deploy 1,000 Spanish Legionaires To Afghanistan Next Year
  • Pentagon Rapidly Expanding Central Asian Supply Lines For Afghan War
  • Canada To Conduct Unprecedented Military Exercises In Arctic
  • U.S. Natural Gas Deal Sparks Protests In Bangladesh
  • Belarus Accuses West Of Fomenting ‘Color Revolution’

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Libya Independent Media Newslinks for 26-27 February, 2011

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27 February, 2011 — creative-i.info

27 February, 2011

26 February, 2011

Libya Independent Media Newslinks for 26-27 February, 2011

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27 February, 2011 — creative-i.info

27 February, 2011

26 February, 2011

Global Warfare USA: The World is the Pentagon’s Oyster By Rick Rozoff

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16 November, 2009 — Global Research

US military operations in all major regions of the World

“Not only does one country account for the overwhelming plurality of world military expenditures, but that nation also has troops and bases on all six habitable continents (as well as a 54-year military mission in Antarctica, Operation Deep Freeze) and eleven aircraft carrier strike groups and six navy fleets that roam the world’s oceans and seas at will. It is also expanding a global interceptor missile system on land, on sea, in the air and into space that will leave it invulnerable to retaliation.”

On January 20, a changing of the guard occurred in the United States White House with two-term president George W. Bush being replaced by former freshman senator Barack Obama.

Bush had continued the policies of his predecessor Bill Clinton in relation to the Balkans, Iraq and Latin America – with troops and a massive military base in Kosovo, regular bombings of Iraq and a monumental expansion of military aid to Colombia – and in addition launched two wars of his own, those against Afghanistan in 2001 and Iraq two years later.

Obama, so thoroughly does U.S. polity predetermine individual administrations’ policies, entered office by intensifying the deadly drone missile attacks in Pakistan begun by Bush in late 2008 and announced that he was doubling the number of American troops in Afghanistan.

Already presiding over the world’s largest military budget, officially 41.5% of world expenditures in 2008 and far larger with non-Defense Department spending factored in, in April the new president requested from Congress an additional $85 billion in supplemental funding for the war in Afghanistan and the occupation of Iraq.

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Most Vulnerable Nations Seek Climate Justice

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10 November, 2009 — Climate and Capitalism

Final Draft of declaration issued November 11 in the Maldives, by the Climate Vulnerable Forum, comprising the 11 countries considered most vulnerable to climate change: Maldives, Kiribati, Bangladesh, Nepal, Vietnam, Ghana, Kenya, Tanzania, Barbados and Bhutan.

We, Heads of State, Ministers and representatives of Government from Africa, Asia, Caribbean and the Pacific, representing some of the countries most vulnerable to the adverse impacts of climate change:

Alarmed at the pace of change to our Earth caused by human-induced climate change, including accelerating melting and loss of ice from Greenland, the Himalayas and Antarctica, acidification of the world’s oceans due to rising CO2 concentrations, increasingly intense tropical cyclones, more damaging and intense drought and floods, including Glacial Lakes Outburst Floods, in many regions and higher levels of sea-level rise than estimated just a few years ago, risks changing the face of the planet and threatening coastal cities, low lying areas, mountainous regions and vulnerable countries the world over,

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