Category Archives: Cheater economics

Ideas that add up #219

In 2008, Global Financial Integrity estimated that flows of illicit money out of developing countries into tax havens were running at about $1.25 trillion per year, roughly ten times the total value of aid given to developing countries by the … Continue reading

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Ideas that add up #156

We are slaves in the sense that we depend for our daily survival upon an expand-or-expire agro-industrial empire – a crackpot machine – that the specialists cannot comprehend and the managers cannot manage. Which is, furthermore, devouring world resources at … Continue reading

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Ideas that add up #153

…Western Buddhism, this pop-cultural phenomenon preaching inner distance and indifference in the face of the frantic pace of market competition, is arguably the most efficient way, for us, to fully participate in capitalist dynamics while retaining the appearance of mental … Continue reading

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Ideas that add up #144

There is, fortunately, no law of increasing material entropy, as there is in the corresponding case of energy, as it is quite possible to concentrate diffuse materials if energy inputs are allowed. … . … In regard to the energy … Continue reading

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Ideas that add up #137

We didn’t earn the air, we didn’t earn being born…we didn’t earn having an Earth that can provide us with food, we didn’t earn the sun. So I think that on some level people have this inborn gratitude, because on … Continue reading

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Ideas that add up #94

The faults and flaws of GDP as a measure of economic progress are well known and don’t need to be repeated in detail here. It was never intended to serve as a measure of economic wellbeing, and one of the … Continue reading

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Ideas that add up #87

Even the apparently simple question of where money comes from is hard to answer. It’s not the government printing press; money really originates when banks make loans. And since they charge interest for those loans, part of the endless-economic-growth model … Continue reading

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