The rise of Bitcoin: and the challenge to the global domination of big money
The following article was written on October 25. I wanted to read it over once more before publishing it, then got busy with other things and forgot about it. In…
Economics
"Sack the Economists"
Reblogged from Real-World Economics Review Blog: from Geoff Davies Non-mainstream economists are all-too aware of the failure of mainstream economists to anticipate, let alone avoid, the Global Financial Crisis and…
BC Hydro rate shock powered by lies
BC Energy Minister Bill Bennett How do you know when a politician’s lying? When you see his/her lips move. Bill Bennett, the BC Hydro point man in the government, tells…
Investment in society and in human beings?
A paper published in the journal International Political Science Review considered if the International Monetary Fund (IMF) was “Democracy’s Friend or Foe.” It noted that reforms required by the American…
Competition and the Commercial Spirit
I came across this gem while reading Hayek’s discussion of private monopoly and competition in Law, Legislation and Liberty. Hayek is discussing the relationship between competition and economic rationality, disputing…
CAN CHINA INNOVATE ?
CAN CHINA INNOVATE ? The immense weight of China dominates much economic prognostication these days. Will it overtake the USA and become the dominant power of this century ? What…
CAN CHINA INNOVATE ?
CAN CHINA INNOVATE ? The immense weight of China dominates much economic prognostication these days. Will it overtake the USA and become the dominant power of this century ? What…
CAN CHINA INNOVATE ?
CAN CHINA INNOVATE ? The immense weight of China dominates much economic prognostication these days. Will it overtake the USA and become the dominant power of this century ? What…
CAN CHINA INNOVATE ?
CAN CHINA INNOVATE ? The immense weight of China dominates much economic prognostication these days. Will it overtake the USA and become the dominant power of this century ? What…
With LNG, Asian takeovers of Canadian energy assets still booming
Asian investment explodes in BC’s LNG market, rivalling the scale of resource development in the tarsands, as new trade deals threaten to entrench foreign state ownership of Canada’s key energy…
Orthodox economists have failed their own market test | Seumas Milne | Comment is free | The Guardian
Orthodox economists have failed their own market test | Seumas Milne | Comment is free | The Guardian. From any rational point of view, orthodox economics is in serious trouble.…
Academics back students in protests against economics teaching | Education | The Guardian
Academics back students in protests against economics teaching | Education | The Guardian. A prominent group of academic economists have backed student protests against neo-classical economics teaching, increasing the pressure…
Canada’s largest energy union wants national fracking moratorium
First Nations and supporters protest fracking in Vancouver last month (Damien Gillis) Canada’s largest private sector union, Unifor, has joined the growing chorus of concern over controversial shale gas development.…
The five elements of a financial crash
Financial crashes are common in modern market economies. The first notable one occurred in Amsterdam in the 1630s when a bursting speculative bubble on tulips caused enough financial ruin for…
NAFTA, “Free Trade” and the TPP: Fast-Track To Full Corporate Rule
“Twenty years ago, the North American Free Trade Agreement (NAFTA) was signed into law. At the time, advocates painted a rosy picture of booming U.S. exports creating hundreds of thousands…
Encana laying off 20% of workforce, slashing dividend
Encana’s Calgary headquarters – The Bow building Read this Nov. 5 story from CBC.ca on Canadian natural gas titan Encana’s series of cutbacks. Canadian natural gas giant Encana says it…
The new epidemic: Death cults and the culture of despair
An article in The Atlantic speaks to the growing death-fetish that is gripping more and more youth. It is a bad omen for the state of modern industrial civilization as…
More Oliver oil: Canada a “world leader” in energy efficiency?
The ever slippery Joe Oliver, Canada’s minister of natural resources – who never misses a chance to put a positive spin on Canada’s horrendous energy track record – is happily…
Canada’s fossil fuels are risky business with Global Carbon Budget
Alberta Tar Sands operation near Fort McMurray (photo: Kris Krûg) by Carol Linnitt – republished from Desmog Canada In its latest report the Intergovernmental Panel on Climate Change (IPCC) gave…