economics
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Video: Greeks Look to the Left for Solutions
Costas Lapavitsas: The left is gaining in popular support but have so far failed to present a coherent program Continue reading
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Abstractions Versus the “Real World”: Economic Models and the Apologetics of Greed By Prof John Kozy
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… Continue reading
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Abstractions Versus the "Real World": Economic Models and the Apologetics of Greed By Prof John Kozy
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… Continue reading
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ColdType, January 2012: Target Iran / Libya / Israel / Media & War / Economics…
Cover Feature in this issue is a 7-part, 24-page section Target Iran, on the propaganda build-up to what may become another major Middle Eastern war. Other stories include an analysis of the attack on Libya, the hypocrisy of Israel, the prime time war, one man’s journey to jail, the zombies who ate the economy and… Continue reading
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Video: Kapitalism 101
New to me but check it out. Lots of analysis and plenty of videos Here are two from the site on the ‘law of the falling rate of profit’. Continue reading
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Video: Senate Bill Threatens Currency War with China
Michael Hudson: Senate proposal based on junk economics and is illegal under international law Continue reading
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Pakistan TV Report Contradicts US Claim of Bin Laden’s Death By Paul Craig Roberts
In Bashir’s account, every member of the landing party and anyone brought from the house died when the helicopter exploded on lift-off. I wrote that a qualified person could easily provide a translation of the interview, but that no American print or TV news organization had investigated Bashir’s account. Continue reading
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The Anti-Empire Report By William Blum: Arguing Libya
On July 9 I took part in a demonstration in front of the White House, the theme of which was “Stop Bombing Libya”. The last time I had taken part in a protest against US bombing of a foreign country, which the White House was selling as “humanitarian intervention”, as they are now, was in… Continue reading
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Why Regime Change in Libya? By Ismael Hossein-zadeh
There is undeniable evidence that contrary to the spontaneous, unarmed and peaceful protest demonstrations in Egypt, Tunisia and Bahrain, therebellion in Libya has been nurtured, armed and orchestrated largely from abroad, in collaboration with expat opposition groups and their local allies at home. Continue reading
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Libya Newslinks 8 June 2011
8 June 2011 — williambowles.info SCF: China calls for prompt ceasefire in Libya North Africa NATO Plans for Libya Without Gadhafi Voice of America NATO says it is committed to its military campaign against forces loyal to Libyan leader Moammar Gadhafi and is preparing for a Libya without the authoritarian leader. NATO Secretary-General Anders Fogh Continue reading
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Media Lens: Comment Is Free But Freedom Is Slavery – An Exchange With The Guardian’s Economics Editor
In the dark days before Media Lens existed, and before Guardian editor Alan Rusbridger stopped responding to our emails, he actually granted us the courtesy of a chat by telephone. The interview was notable for its long gaps, its ums and ahs, as Rusbridger responded amiably to our questions about the news propaganda role of… Continue reading
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MEDIA LENS ALERT: BROTHERS-IN-ARMS: CAPITALISM AND CORPORATE JOURNALISM
An essential role of corporate journalism is to shore up public confidence in an unjust, crisis-riven financial and economic system. Although plenty of gloom and doom is permitted, especially in the face of obvious crisis, the legitimacy of the system is rarely questioned. Continue reading
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Video: Dmitry Orlov – Seizing the Mid-Collapse Moment
A recording of the public lecture by Dmitry Orlov on 9 June 2009, at the Davenport Hotel, Dublin, Ireland. This was the opening talk to the 3 day conference ‘The New Emergency: Managing Risk and Building Resilience in a Resource Constrained World.’ Continue reading
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End of the year or end of the world (as we know it)? By William Bowles
So perhaps in the final analysis, this is all for the good. Maybe now we’ll wake up to the reality of our lives, that lives that are spent working to do little more than consume is a fantasy. The real question is however, what are we going to do about it? Continue reading
The New Dark Age 