It’s systemic stupid: An Obama is a Bush is an Emperor.
Archive for the ‘Links/Articles/Video’ Category
to paraphrase Gertrude Stein: a war criminal is a war criminal is a war criminal
Posted: 2013/09/17 by Punkonomics (@dearbalak) in Links/Articles/Video0
a little rant about the lessons learned from the most recent economic crisis
Posted: 2013/09/16 by Punkonomics (@dearbalak) in Links/Articles/VideoTags: crisis, economic, economics, heterodox, History of economic thought, Mainstream economics, radical, Social Sciences
I wanted to chime in very briefly with a little rant about the lessons learned from the most recent crisis:
(1) A good number of economists from the left and the right DID predict this would happen and have also discussed in details the chronic problems the US economy has developed over the past few decades. This large minority of economists are often referred to as heterodox (as opposed to the orthodox/mainstream) views heard on the media and in traditional textbooks). So the notion that this crisis was a “surprise” or that “nobody could have predicted” it is BS spewed by leading mainstream economists who are defending their intellectually bankrupt views that have brought them their success and fortunes.
(2) Mainstream economics seems to have learned shockingly little from the crisis even though it confirmed many of the theories of the heterodox/radical economists while decisively falsifying most of the mainstream theories. In this sense the economics profession has shown itself to be thoroughly unscientific (from a methodological perspective) and the majority of its celebrated leaders to be little more than idiot-savants justifying the practices of the elites who feed them.
This is truly a low point in the history of economic thought but let’s not forget the minority of economists who are screaming blue murder for decades and have taken very significant hits to their careers by refusing to be seduced by the simplistic views and generous rewards of the mainstream.
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A short guide to the Middle East
Posted: 2013/09/12 by Punkonomics (@dearbalak) in Links/Articles/VideoTags: Assad, Financial Times, Gulf, Hamas, Iran, Middle-East, Muslim Brotherhood, Turkey
(letter published in last Thursday’s Financial Times)
From Mr KN Al-Sabah,
Sir, Iran is backing Assad. Gulf states are against Assad!
Assad is against Muslim Brotherhood. Muslim Brotherhood and Obama are against General Sisi.
But Gulf states are pro-Sisi! Which means they are against Muslim Brotherhood!
Iran is pro-Hamas, but Hamas is backing Muslim Brotherhood!
Obama is backing Muslim Brotherhood, yet Hamas is against the US!
Gulf states are pro-US. But Turkey is with Gulf states against Assad; yet Turkey is pro-Muslim Brotherhood against General Sisi. And General Sisi is being backed by the Gulf states!
welcome to the Middle East and have a nice day.
KN Al-Sabah,
London EC4, UK
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BS-free discussion about Syria (part 2)
Posted: 2013/09/12 by Punkonomics (@dearbalak) in Links/Articles/VideoTags: Chris Hedges, Foreign Policy, imperialism, Middle-East, propaganda, Rania Masri, syria
Continuation of what I posted yesterday titled:
Some real-world context to Obama’s ridiculous propaganda speech on Syria >:/
PT 2: Chris Hedges and Rania Masri On What the Future May Hold For Syria
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LOLZ: Captain Kirk watches Miley Cyrus performance
Posted: 2013/09/11 by Punkonomics (@dearbalak) in Links/Articles/VideoTags: Captain Kirk, comedy, funny, Miley Cyrus, MTV, Star Treck, VMA
Even if you’re sick of the “scandal” or just don’t give a shit about it, this is funny (especially if you’re a Trekkie)
Punkonomics (@DearBalak) 