Gosh. I’m stunned. How on earth could that have happened?
Businesses (smaller, non-global) have been sacrificed on the altar of Reset. Consumers across the Western world are maxed out to the hilt. And sovereign nations are up to their eyes in unrepayable debt. The US leads the pack with a national debt of €20 trillion, and Biden the masked Hologram is racking that up as fast as his minders can think of new ways to spend.
The Telegraph’s token Yankette Janet Daley (
left) put together a header of unintended hilarity when judging Biden’s First 100 Days; she could’ve improved the accuracy by simply leaving out the word ‘yet’, but a debt mountain of that size only makes sense if it is never going to be honoured….and let’s face it folks, it never will be. Over in Yerp, three years of The Slog boffing on endlessly about France holding the real key to EU survival has at last come good. Or bad, depending on your affiliations: after borrowing another €211bn in 2020, and
Economic Justice And Human Ecology
A lovely expression has been around for quite a few years: Econ-Ecol. When I heard it, I become full of hope that such a marriage was indeed going to be consecrated any time soon. I even published in a peer-reviewed journal a paper titled Economics for Physicists and Ecologists.The initial enthusiastic reaction from one economist made me think that we would soon get there. Instead, I had to assume that, since this economist did not find in the paper a continuation of the linear math practiced by economists, he lost interest. And other economists, evidently, never have even looked into this paper.
Project Financial Independence
Are we going to transform the Coronavirus pandemic from a crisis into an opportunity? The opportunity is to finally create financial independence for all of us and for our children - without requesting the contribution of even one cent from the affluent. This is a potential that we can realize on the strength of a new economic paradigm that has been in development during the last fifty years.
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Concordian economics fills the black box that exists at the core of the modern economic theory. Indeed, this discipline has been in a state of crisis ever since the publication of Adam Smith s
Introduction
Concordianism is purified Capitalism, 100% Capitalism - as well as purified Socialism. Concordianism shares some of the goals, but none of the means of Socialism. In Concordianism, the Government - rather than the State - democratically decides on the rules of the road, and lets the Market 100% free to operate within those rules.
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Concordianism is the result of the fusion of the thought of Keynes and Hayek. In Concordianism, there is not even a scent of the bloviation of Hegel and Marx. Faithful Marxists have not yet realized that Marx was a sociologist and a philosopher: he was not an economist. Once he conceded that “labor is a