One Law for the People, Another for Corporations (You might want to read the brief article quote at the bottom of the page – I am commenting on that.) It is unlikely […]
Can we use economic analysis if there are other values? Absolutely. All we have to do is remember that this form of analysis is just a tool. Sometimes it’s useful. Sometimes it’s not. Applying it to every human endeavor is taking a valuable form of thinking and stretching it beyond its capabilities. But there are many who find this kind of gross simplification persuasive and because of the seductive nature of these ideas to wealthy elites, it has become a powerful tool for remaking civilization in the image of the market. That’s a form of idolatry. There are worthy ideas but this one destroys other ideas, in particular, the concepts of inherent human worth, the precepts of religion and philosophical reasoning. Can you imagine a society purely designed along the lines of a market?
I ask you to compare the profits. By any standards, the alleged Ponzi is a much better use of time and probably far safer than bank robbery. If we assume a profit of 50%, that is 1.9 million dollars. A bank robber would have to rob on the average 294 banks to get the same return. If our bank robber hits one bank a day, he’s working more days than a legitimate job at considerable hazard and his work doesn’t have medical insurance or sick leave.
My Kind Readers! Beginning around the 25th of November, I began to deal with sinus and ear infections. It was rough. I still managed to go to work (the life of an […]
So, by converting to a free market formula for news and giving up any responsibility to the public, we have the opportunity for a representative democracy in which a majority of the population believe nonsense, in which science is ridiculed, conspiracy theories treated as legitimate news and demogogary elevated to an art form.
Obama’s Wonderful Words Tom Wheeler is Chairman of the FCC. Tom Wheeler before becoming Chairman of the FCC was a lobbyist for the cable and wireless industry. Tom Wheeler was appointed by […]
The Billionaire Price Index Paul Singer, a billionaire, believes inflation is a serious problem and he is dumfounded by government data that show otherwise. According to him, the evidence before his eyes […]
Testing Madness Students attending Holyoke public schools have their test scores posted in their classrooms on the walls. (See the article at the bottom of the essay.) “Under Dr. Paez’ direction, teachers […]
A Good Person, Really? At the bottom of the page is an excerpt from “War Machine’s” suicide note. For whiny self indulgence, it would be difficult to exceed. In his mind, he […]
The Fourth Estate is Vacant The state wants to spy on us – but is it up to the job? | Technology | The Observer Many moons ago, shortly after Edward Snowden’s […]