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tony curzon price

On the Texas suit against Virgin and Creative Commons (Lessig Blog) - 0 views

  • It tries to authorize sharing and reuse — not within a commercial economy, but within a sharing economy. It tries to do so in a way that wouldn't trigger at least most non-copyright rights (though again, most is not all -- a CC BY-NC licensed photograph by a voyeur still violates rights of privacy, for example). And it tries to do so in a way that protects the copyright owner against presumptions about the waiver of his rights suggested by posting a work freely.
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    cc and the non-commercial, sharing economy.

    defining this always seems hard to us at oD

tony curzon price

FT.com | Economists' Forum: The dangers of living in a zero-sum world economy - 0 views

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    The big point Mr Davey makes is that we would all be happier if we lived frugal, natural community-bound lives. I agree that some of us would. But many of us most definitely would not (I for one). Among the types of human being are those with fierce ambition and restless desires. If you stick them in closed communities they will soon organise the village to wage war on the next one. Thus rose the feudal estates and territorial despotisms of old. So, no, I do not believe in the return to Eden. It is one of humanity's oldest myths. But it is just that - a myth. Of course, Mr Davey may prove right that the challenge of replacing fossil fuels is one we are unable to meet. If so, at some point, our civilisation will collapse. It will not be fun. Of that I am sure.
tony curzon price

Global Financial Integrity Project - The Ugliest Chapter in Global Economic Affairs Sin... - 0 views

  • Ten years ago I stepped out of international business and into the think-tank community with a primary goal of getting reality on the table. I had seen more corruption, more money laundering, more financial crime than any one person should see in a lifetime, and I resolved to say what I wanted to say about this overarching reality. Why wasn’t reality already on the table? What is it about this subject matter that is so mysterious or so frightening that we hesitate to go there? Basically is it that we can’t see it or don’t want to see it?
    • tony curzon price
       
      money laundering / tax evasion .... for an interview
  • This is the reality that we seek to get on the table. Illicit outflows from developing and transitional economies vastly exceed overseas development assistance going into developing and transitional economies. In my estimates, which I and others think are conservative, by a factor of ten to one. More analysis, better analysis in the future may make this a narrower picture or make it a wider picture. But no analysis will make this a pretty picture.
tony curzon price

RGE - Europe EconoMonitor - 0 views

  • Even if times ahead are troubled, the long run is likely to look much more settled. In the short run, a housing slump could well make private investors and central banks outside the U.S. less eager to hold dollars. A survey by the U.S. Treasury Department last year indicates that about third foreign-held U.S. corporate debt consisted by asset-backed securities and about half of that was mortgage-related. Petro-dollars held in the Middle East and Russia are particularly mobile. Once foreign money leaves the U.S., the dollar would fall. In the longer run, U.S. exports would rise, shrinking the huge U.S. trade deficit. Moreover, recession in the U.S. would lead to lower imports, further reducing the trade deficit. At the same time, China may well let the yuan rise against the dollar, leading to a rise in its domestic spending relative to its exports. Once U.S. consumers spend less and Chinese consumers spend more, the large global imbalances, which have cast a shadow on the world economy for the past decade, would begin to disappear.
    • tony curzon price
       
      long run adjustment of imbalances for world economy
Susan Thur

The Simpson-Bowles Deficit Hysteria Sideshow Debuts On Fox | OurFuture.org - 0 views

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    The following is part of the "Virtual Summit on Fiscal and Economic Responsibility for People Who Did Not Wreck The Economy." Before the White House deficit commission meets for the first time tomorrow, the two co-chairs Erskine Bowles and Alan Simpson gave a preview on Fox News Sunday.
Arabica Robusta

FT.com / Comment & analysis / Comment - Ethical finance standards must be restored - 0 views

  • it should be apparent to all of us that sometimes senior executives, including the chairman, do not fully understand the businesses in which the company is involved. The financial instruments now causing such turmoil were not properly priced for their inherent risk and managers were unaware of the integral problems with these instruments. Much of this was made possible by the advanced technology used to devise and distribute these instruments.
    • Arabica Robusta
       
      A good example of "strategic naivete". Financiers pretend they did not know that their structures of speculative greed would cause so much ruin. "Plausible deniability"
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    Arabica - You wonder about intentions ... I am not sure that in looking at economies we need to think about intentions -- it is like looking at texts without thinking about authorial intentions. Outcomes, incentives, structural cause etc. all make sense without thinking about intentions. So does re-regulation.
tony curzon price

The Row Boat - 0 views

  • Creating a wider conversation really means expanding our love. Thinking harder really means building trust. It is an economy of exchange and a performance whose purpose is to reveal something transforming. Unlike Rousseau at openDemocracy, I am not interested in generating agreement and discovering the "General Will." Rather, it is discovering the fact that we are all sharing a room together and we have to learn how to get along.
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    rousseau
tony curzon price

Mute magazine - Culture and politics after the net - 0 views

  • Mute finance After running on a mixed economy of barter, grant and private monies since its inception in 1994, Mute started receiving revenue funding from the Arts Council of England in 1999. The grant is now set at £65,000 per annum, having significantly increased in the past couple of years, and goes towards the core costs of staff, premises and production. ACE's 'core funding' is supplemented by project funds allocated to new initiatives; in recent years Mute has received nearly £100,000 from ACE for such projects. Grants were awarded for White Cube, Blue Sky (a book now renamed Proud to be Flesh: a Mute Anthology on network cultures); web tools resource OpenMute; business development, FLOSS migration and new online art commissions as well as an OpenMute national workshop tour, UserLand. Approximately £40,000 has also been received from creative-industries agencies London Innovations and CIDA for technology projects centred on wireless networking (YouAreHere) and software development (TNS).
tony curzon price

Mute magazine - Culture and politics after the net - 0 views

  • In 1988, NLR Editorial Board member Anthony Barnett distracted a disappointed left into the desert of Constitutional Reform to complete the bourgeois revolution with the organisation Charter 88; in 1995 Will Hutton retailed a version of the Nairn-Anderson thesis in his book The State We’re In effectively drafting Tony Blair’s apolitical modernisation agenda.
  • Far from being too theoretical the Review was not theoretical enough. The tendency to manufacture deep sociological explanations for transient events certainly showed literary productivity, but it would be wrong to see that as necessarily representing theoretical work. ‘Theories’ were produced that in the end only echoed contemporary trends, without really criticising them. So between them Anderson and Tom Nairn manufactured the theory that Britain’s political revolution was, unlike its Continental counterparts, incomplete; an argument that became known as the Nairn-Anderson thesis. The idea was that the emerging capitalist class in Britain had done a deal with the old aristocracy to gain influence, leaving the old pre-democratic power structures in place; the inordinate influence of the City of London over the British economy, with its old-Etonian clubbishness, Nairn and Anderson thought, was evidence of the persistence of a ‘Gentlemanly Capitalism’.
  • NLR is financially buoyant because of the library subscriptions from American colleges.
tony curzon price

Debtor Nation  (July-August 2007) - 0 views

  • All of the countries that do this are better off than they would be without international trade. But even though it is possible to prove mathematically that this is true for nations, it is not true for every group of people within nations.
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      only under the right assumptions of competition is this true
tony curzon price

Debtor Nation  (July-August 2007) - 0 views

  • The global imbalances created by this dynamic of American borrowing and foreign lending appear stable for now, but if they slip suddenly, that could pose serious dangers for middle- and working-class Americans through soaring interest rates, a crash in the housing market, and sharply higher prices for anything no longer made domestically.
    • tony curzon price
       
      the disaster scenario for the US - and world - economies
  • was a run on the pound sterling and he blocked the International Monetary Fund (IMF) from stabilizing the currency. With sterling on the verge of collapse, says Frankel, “Eisenhower told them, ‘We are not going to bail out the pound unless you pull out of Suez.’” Facing bankruptcy, the British withdrew. This incident, notes Frankel, “marked the end of Great Britain’s ability to conduct an independent foreign policy.”
tony curzon price

Greg Mankiw's Blog: Goolsbee on the Business Cycle - 0 views

  • Consider the evidence uncovered by Paul Oyer, a Stanford Business School economist, in his recent paper, "The Making of an Investment Banker: Macroeconomic Shocks, Career Choice and Lifetime Income" (National Bureau of Economic Research Working Paper 12059, February 2006). Dr. Oyer tracked the careers of Stanford Business School graduates in the classes of 1960 to 1997.He found that the performance of the stock market in the two years the students were in business school played a major role in whether they took an investment banking job upon graduating and, because such jobs pay extremely well, upon the average salary of the class. That is no surprise. The startling thing about the data was his finding that the relative income differences among classes remained, even as much as 20 years later.
    • tony curzon price
       
      path dependency of economy - and whole lives
tony curzon price

ePolitix.com - Gordon Brown: Conference speech in full - 0 views

  • And let me say that commitment to international action on justice means today to prevent genocide, the world must through the U.N, urgently act in Darfur.
  • Most of all my parents taught me that each of us should live by a moral compass.It was a simple faith with a fundamental optimism.That each and every one of us has a talent.Each of us a duty to use that talent.And each of us should have the chance to develop that talent. And my parents thought we should use whatever talent we had to help people least able to help themselves. And as I grew up surrounded by books, sports, music and encouragement, I saw at school and beyond how some flourished and others, denied these opportunities, fell behind. They had talent, they had ability. But they did not have the chance to fulfil their promise. They needed someone to champion them. They needed the support of people on their side. And is not our history the story of yes, progress through the fulfilled talents, even genius, of some but, yes, also of the wasted potential of millions for too many, their talents lost and forever unfulfilled?
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      Brown's parable of the talents
  • Strip away the rhetoric about globalisation and it comes down to one essential truth: You can buy raw materials from anywhere,You can borrow capital form anywhere,You can engage with technology half way across the world,But you cannot buy from elsewhere what in the global economy you need most; the skills and the creativity of all our people – and that means that in education we must aim to be number one.
    • tony curzon price
       
      Brown's globalisation - this has the slight sense of "the last thing that still remains..." And what of physical capital ... no mention
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  • As Alan Johnson proposes, give vocational qualifications parity of esteem with academic qualifications.
    • tony curzon price
       
      in whose gift is "parity of esteem" ... are _these_ the policies that come out of the respect agenda? surely respect comes from a complex social whole, with mixtures of truth and appearance ...
  • I believe the answer is that we the British people must be far more explicit about the common ground on which we stand, the shared values which bring us together, the habits of citizenship around which we can and must unite. Expect all who are in our country to play by our rules. 
    • tony curzon price
       
      multiculturalism's limits
  • the active citizen, the empowered community, open enabling government.
    • tony curzon price
       
      just as power had to be taken from special interests - code word for capital - so now it must be taken from the state
  • I want a radical shift of power from the centre.
Dripa B

A Basic Income for All | Philippe Van Parijs (2000) - 0 views

  • productivity, wealth, and national incomes have advanced sufficiently far to support an adequate UBI. And if enacted, a basic income would serve as a powerful instrument of social justice: it would promote real freedom for all by providing the material resources that people need to pursue their aims. At the same time, it would help to solve the policy dilemmas of poverty and unemployment, and serve ideals associated with both the feminist and green movements.
  • in 1999, the Alaska Permanent Fund paid each person of whatever age who had been living in Alaska for at least one year an annual UBI of $1,680.
  • By universal basic income I mean an income paid by a government, at a uniform level and at regular intervals, to each adult member of society. The grant is paid, and its level is fixed, irrespective of whether the person is rich or poor, lives alone or with others, is willing to work or not. In most versions–certainly in mine–it is granted not only to citizens, but to all permanent residents.
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  • The idea of the UBI is at least 150 years old. Its two earliest known formulations were inspired by Charles Fourier, the prolific French utopian socialist. In 1848, while Karl Marx was finishing off the Communist Manifesto around the corner, the Brussels-based Fourierist author Joseph Charlier published Solution of the Social Problem, in which he argued for a "territorial dividend" owed to each citizen by virtue of our equal ownership of the nation’s territory. The following year, John Stuart Mill published a new edition of his Principles of Political Economy, which contains a sympathetic presentation of Fourierism ("the most skillfully combined, and with the greatest foresight of objections, of all the forms of Socialism") rephrased so as to yield an unambiguous UBI proposal: "In the distribution, a certain minimum is first assigned for the subsistence of every member of the community, whether capable or not of labour. The remainder of the produce is shared in certain proportions, to be determined beforehand, among the three elements, Labour, Capital, and Talent."
  • It was seriously discussed by left-wing academics such as G. D. H. Cole and James Meade in England between the World Wars and, via Abba Lerner, it seems to have inspired Milton Friedman’s proposal for a "negative income tax."6 But only since the late-1970s has the idea gained real political currency in a number of European countries, starting with the Netherlands and Denmark.
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    If you really care about freedom, give people an unconditional income at a level sufficient for subsistence. Productivity, wealth, and national incomes have advanced sufficiently far to support an adequate UBI. And if enacted, a basic income would serve as a powerful instrument of social justice: it would promote real freedom for all by providing the material resources that people need to pursue their aims. At the same time, it would help to solve the policy dilemmas of poverty and unemployment, and serve ideals associated with both the feminist and green movements.
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