Skip to main content

Home/ Groups/ History Readings
Javier E

Doug Bandow: America, Home of the Free -- Except for Muslims? - 0 views

  • It is a disturbing discussion. The tone is ugly; the charges are vicious. And no Christian, Jew, or other religious person can feel safe if angry mobs -- even if only virtual -- are able to stop the activities of an unpopular faith.
  • If the First Amendment means anything, the government cannot single out a particular religion for constructing a worship facility. The Free Exercise Clause would mean little if politicians could willy-nilly close down mosques -- or churches, synagogues, temples, and other religious sites.
  • Any attempt to block Cordoba House also would run into the Religious Land Use and Institutionalized Persons Act. Passed by voice vote in the Republican Congress of 2000, the law targets state and local governments attempting to inhibit religious exercise through land use regulation. Senate sponsor Orrin Hatch (R-Utah) explained: "At the core of religious freedom is the ability for assemblies to gather and worship together."
  • ...1 more annotation...
  • Religious faith is too important to become a political punching bag. One does not have to like or even respect Islam to believe its practitioners have the right to build a worship center wherever they wish. Christians, especially, should avoid joining the Cordoba House mob. Those who most worry about living in a post-Christian world should most resolutely defend religious liberty for all.
Javier E

Why Statism Is the Wrong Frame, Cont'd - The Daily Dish | By Andrew Sullivan - 0 views

  • if you're trying to understand someone like Matt Yglesias, whether to effectively argue against his views or to engage him persuasively, the frames of "statism" and "liberty versus tyranny" are almost completely useless.
  • Why does he favor some policies that conservatives like? And can we identify more of them for the sake of strategic alliances? We'll never know if, upon learning that he is a liberal, we automatically presume that he is a "statist," or even more absurdly, that he prefers tyranny to liberty. Those are unserious buzz words that sell books, not a realistic portrait of American liberals,
Javier E

What the White House Really Thinks About Bombing Iran - International - The Atlantic - 0 views

  • If Jeffrey Goldberg's reporting is correct, the failure of sanctions, engagement, and clandestine operations to work to Israel's satisfaction will lead to two major consequesnces. One: We in the United States will have to decide whether it's in our interests to continue with our public and private ambiguity about Israeli forces. Two: Obama will need to start planning for a post-bellum Middle East.
Javier E

A plain blog about politics: Ideology, Groups, and Impulses - 0 views

  • American movement conservatives don't really believe in small government in that way, either -- they believe in small government rhetoric, b
Javier E

Op-Ed Columnist - The Parent Model - NYTimes.com - 0 views

  • Stimulus size is not the key factor in determining how quickly a country emerges from recession. The U.S. tried big, but is emerging slowly. The Germans tried small, and are recovering nicely.
  • the Germans have built on their advantages. They effectively support basic research and worker training. They have also taken brave measures to minimize their disadvantages. As an editorial from the superb online think tank e21 reminds us, the Germans have recently reduced labor market regulation, increased wage flexibility and taken strong measures to balance budgets.
  • American policy makers have done little to maximize their model’s natural advantages or address its problems. Indeed, they’ve only made the short-term thinking problem worse, with monetary, fiscal and home-ownership policies encouraging even more borrowing and consumption.
  • ...4 more annotations...
  • The economy can’t be played like a piano — press a fiscal key here and the right job creation notes come out over there. Instead, economic management is more like parenting. If you instill good values and create a secure climate then, through some mysterious process you will never understand, things will probably end well.
  • The crucial issue is getting the fundamentals right. The Germans are doing better because during the past decade, they took care of their fundamentals and the Americans didn’t. The situation can be expressed this way: German policy makers inherited a certain consensus-based economic model. That model has advantages. It fosters gradual innovation (of the sort useful in metallurgy). It also has disadvantages. It sometimes leads to rigidity and high unemployment.
  • In the U.S., policy makers inherited a different economic model, one that also has certain advantages. It fosters disruptive innovation (of the sort useful in Silicon Valley). It also has certain disadvantages — a penchant for over-consumption and short term thinking.
  • Nations rise and fall on the intertwined strength of their cultures and governing institutions. Despite all the normal shortcomings, German governing institutions have functioned reasonably well, ushering in painful but necessary reforms. The U.S. has a phenomenally creative culture, but right now it’s an institutional weakling.
Javier E

How Arabs view the anti-mosque movement | Marc Lynch - 0 views

  • Where the anti-mosque movement and escalating anti-Islam rhetoric is really resonating is with the Arab mainstream --- that vast middle ground which had hoped that the election of Barack Obama would mark a real change from the Bush administration but have grown increasingly disappointed.   The mosque issue has been covered heavily on Arab satellite TV stations such as al-Jazeera, and the images of angry Americans chanting slogans and waving signs against Islam have resonated much like the images of angry Arabs burning American flags and denouncing U.S. policy did with American viewers after 9/11.   The recent public opinion surveys showing widespread hostility towards Islam among Americans have also gotten a lot of attention. 
  • It's confirming the worst fears of too many mainstream Arabs and Muslims, and thus providing fodder for the extremists who hope to exploit that atmosphere. It's become a cliche to say so, but it's true:  by fueling the narrative of a clash of civilizations and an inevitable war between Islam and the West, this unfortunate trend is empowering extremists on all sides and weakening moderates.  That's exactly the dynamic which I warned about here and in my recent Foreign Affairs article, and it's one which counter-terrorism professionals and public diplomacy specialists alike understand needs to be broken before it's too late. 
Javier E

About My Job: The Indologist - The Daily Dish | By Andrew Sullivan - 0 views

  • My field is Indology, the reconstruction and analysis of ancient and medieval India through the reconstruction and analysis of her texts
  • To what possible end? What possible use could that be to us in the modern world?
  • what is important is that, through the disciplines of the Humanities, people  make the effort to look at other times and other places in order better to reflect upon themselves.
  • ...2 more annotations...
  • our humanity lies in the possibility of our differences, and it is this that makes us interesting, both as individuals and as a species.
  • This is why the Humanities are called humanities, and why they encompass all form of texts: to explore the infinite possibilities of being human.
Javier E

The American People and the Politics of American Identity - 0 views

  • There is no American ethnicity; the U.S. is a resolutely multicultural (and multilingual) country. The usual idea is that American identity is creedal, or organized around a distinctively American set of ideas and value.s
  • The trouble is that even when there is widespread agreement on nominally common values, conceptions of those values vary wildly.
  • Take the belief in individual freedom. Some Americans have understood individual freedom as freedom from all non-defensive physical force and fraud. Some Americans have understood individual freedom as implying roughly equal voice in the democratic process, which straightforwardly requires the redistribution of resources and state regulation of spending on political speech. Some Americans have understood individual freedom as a condition of robust autonomy or self-governance that requires universal government-financed education and a minimum of material resources necessary to ensure that individuals are able actually to exercise their liberty and are not caged-in by necessity. And none of these are the conception of individual liberty that prevailed among the Founders. Anyway, there was heated disagreement among the Founders, too. Some them took the ideal of individual freedom to be consistent with chattel slavery while others correctly found human bondage obviously at odds with liberty. Some defended a robust conception of freedom of conscience while others wished to ban the practice of certain religions for freedom’s sake. And so on
  • ...2 more annotations...
  • its misguided to appeal to the American creed as the basis of the American identity of the American people. There are multiple conceptions of American creed equally consistent with American history. That’s why movements to glorify, elevate, and honor a particular conception of American identity based on a particular conception of the American creed necessarily  marginalize equally or more historically plausible conceptions and therefore tend to suggest that citizens who favor those conceptions are less or even un-American.
  • The conservative conception of American identity is so selective and so specific that it tends to suggest to its adherents that many (maybe even most!) Americans aren’t real Americans, or are Americans who betray real American ideals.
Javier E

Why killing "criminals" with drones is a war crime. - By Ron Rosenbaum - Slate Magazine - 0 views

  • Of course, there's a lot of controversy over the percentage of noncombatants killed in the drone strikes. One study, not very convincingly, puts civilian casualties at slightly above 3 percent. Another says 10 percent, another a full one-third, Brookings far more. Do these different numbers yield different moral conclusions? Are the drone strikes defensible at 4 percent murdered innocents but indefensible at 33 percent? There's no algorithm that synchs up the degree of target importance, the certainty of intelligence that's based on, and potential civilian casualties from the attack. It's a question that's impossible to answer with precision. Which suggests that when murdering civilians is involved, you don't do it at all.
  • so-called "just war" principles have not been given much weight by the Obama Justice Department, which has glossed over or ignored them in giving its sanction to stepped-up drone warfare. The two key "just war" principles are "distinction" and "proportionality." Distinction means that an act of war is illegitimate if it does not at least attempt to make a distinction between military and noncombatant civilian casualties. Nukes obviously don't, can't
  • The "foes" in Afghanistan do not wear uniforms. I'm not saying all Taliban look alike, but the pious believers don't look very different from the "provincial commanders." Some have called the whole drone program "targeted assassination" that violates even U.S. prohibitions, especially when carried out by the CIA, which was supposed to be prohibited from carrying out assassinations.
  • ...2 more annotations...
  • proportionality requires that the use of lethal force be justified by the imminence and danger of the threat, for which there is no evidence in the clips and likely only useless CIA intel to back it up.
  • Putative war crimes, repellant videos, porn mentality, the counterproductive creation of generations of terrorists: On grounds both moral and practical, the drone attacks must cease.
Javier E

Naimark, N.M.: Stalin's Genocides. - 0 views

  • Norman Naimark, one of our most respected authorities on the Soviet era, challenges the widely held notion that Stalin's crimes do not constitute genocide, which the United Nations defines as the premeditated killing of a group of people because of their race, religion, or inherent national qualities. In this gripping book, Naimark explains how Stalin became a pitiless mass killer. He looks at the most consequential and harrowing episodes of Stalin's systematic destruction of his own populace--the liquidation and repression of the so-called kulaks, the Ukrainian famine, the purge of nationalities, and the Great Terror--and examines them in light of other genocides in history. In addition, Naimark compares Stalin's crimes with those of the most notorious genocidal killer of them all, Adolf Hitler.
Javier E

Have you got erotic capital? - Prospect Magazine « Prospect Magazine - 0 views

  • erotic capital is what economists call a “personal asset,” ready to take its place alongside economic, cultural, human and social capital. It is just (if not more) as important for social mobility and success.
  • Erotic capital goes beyond beauty to include sex appeal, charm and social skills, physical fitness and liveliness, sexual competence and skills in self-presentation, such as face-painting, hairstyles, clothing and all the other arts of self-adornment. Most studies capture only one facet of it: photographs measure beauty or sex appeal, psychologists measure confidence and social skills, sex researchers ask about seduction skills and numbers of partners.
  • men still rank sex as more important than women. Indeed, rocketing global demand for sexual activity of all kinds (including commercial sex, autoeroticism and erotic entertainments) has been far more pronounced among men than women.
  • ...5 more annotations...
  • This creates an effect that should be familiar to any economist: the laws of supply and demand raise the value of women’s erotic capital, in particular their beauty, sex appeal and sexual competence. It is happening in Scandinavia as well as Mediterranean countries, in China and the US. The pattern is confirmed even in countries that are sexually “liberated” such as Finland and France. Men are two to ten times more likely to have affairs, buy pornography, seek lap-dancing clubs and erotic entertainments. And call girls’ earnings can exceed wages in nearly all the professions, despite working shorter hours.
  • This is an implicit rebuttal to feminist thinkers (like Sylvia Walby, Mary Evans, Monique Wittig or most recently Kat Banyard) who argue that men and women are “equal” in their sexual interest, as in everything else. This is obviously not true, which is why it should not surprise us that some women do use sex, and their erotic capital more generally, to get what they want.
  • The economic benefits of being physically and socially attractive can be substantial, especially in marketing, public relations, television, advocacy in the courts, as well as for actors, singers and dancers. But it’s broader than this: people working in the better-paid parts of the private sector are more attractive than those in the public and non-profit sectors. Tall and attractive people are more likely to be employed in professional jobs, like law or banking. For the ugly and short, it gets worse. Good-looking people can earn 10 to 15 per cent more than the average-looking, who in turn can earn 10 to 15 per cent more than the plain or ugly. The tall earn more than the short; the obese have earnings 10 to 15 per cent below average. Statistical analysis shows this beauty premium is not really just about cleverly disguised differences in intelligence, social class or self-confidence. Studies of lawyers reveal that there is always a premium for attractiveness that varies in size, but is not due to employer discrimination. The most attractive can earn 12 per cent more than the unattractive, and are 20 per cent more likely to achieve partnership in their firm, because they are more effective at pulling in customers.
  • there is a 25 percentage point difference in average earnings between unattractive and attractive minorities. This impact can be as big as the gap between having a degree and no qualifications at all—although it ranks well below intelligence as a determinant of life outcomes.
  • erotic capital—if seen as an economic endowment—is an especially important asset for people with few intellectual abilities and qualifications. In Brazil, investing in cosmetic surgery is seen as a sensible way of getting ahead in a culture where looks and sensuality count. In Britain, too, a 2009 survey of teenage girls found that one-quarter think it is more important to be beautiful than clever.
Javier E

A Pessimist Manifesto «  Modeled Behavior - 0 views

  • many modern Conservatives intuitively base their analysis of the world on a philosop
  • hy is that anathema to my worldview. Their view is that if you take a responsible, measured, well-reasoned approach to the world things will work out. Failure is thus a sign that you have not done that. My sense is that this is fundamentally crap.
  • Suffering is inevitable and the best one can say is that it hasn’t happened to me – yet. Bad things happen because badness is the natural state of the world. If something good ever happens count yourself lucky and be aware that this too shall pass. Thus, I see our proper mission as easing pain, where we can, to the extent we can, the best we can. This is best done up close and personal where you are mostly likely to quickly notice if your efforts to help are actually doing harm. It is best done with a respect and reverence for the power of self-organizing systems, spontaneous order and the resilience of natural equilibria. Its best done slowly, and in baby steps, building upon the wisdom of the past. And, most importantly it is best done with humility, knowing that in all cases that, “but for the grace of God pure heartless luck, there would go I” Its this last part that I think many modern Conservatives miss in their conviction that everything would be okay if it were for those meddling Liberals. Everything would not be okay. It never will be. If we do our best it might, and I mean might, be a little bit better.
Javier E

Entrepreneurs Rise in Ashes of India's Caste System - NYTimes.com - 0 views

  • India is enjoying an extended economic boom, with near double-digit growth. But the benefits have not been equally shared, and southern India has rocketed far ahead of much of the rest of the country on virtually every score — people here earn more money, are better educated, live longer lives and have fewer children. A crucial factor is the collapse of the caste system over the last half century, a factor that undergirds many of the other reasons that the south has prospered — more stable governments, better infrastructure and a geographic position that gives it closer connections to the global economy.
  • “The breakdown of caste hierarchy has broken the traditional links between caste and profession, and released enormous entrepreneurial energies in the south,
  • This breakdown, he said, goes a long way to explaining “why the south has taken such a lead over the north in the last three decades.”
  • ...3 more annotations...
  • While in the south lower caste members concentrated on economic development and education as a route to prosperity, in the north the chief aim of caste-based groups has been political power and its spoils. As a result India’s northern lower castes tend to be less educated and less prosperous than their southern counterparts.
  • Unlike northern India, where caste-based political movements are a fairly recent phenomenon, lower castes in southern India began agitating against upper-caste domination at the beginning of the 20th century. Because these movements arose before independence and the possibility of elected political power, they focused on issues like dignity, education, and self-reliance, Mr. Varshney said. Nadars created business associations to provide entrepreneurs with credit they could not get from banks. They started charities to pay for education for poor children. They built their own temples and marriage halls to avoid upper caste discrimination. “Our community focused on education, not politics,” said R. Chandramogan, a Nadar entrepreneur who built India’s largest privately owned dairy company from scratch. “We knew that with education, we could accomplish anything.”
  • The north put in place affirmative action policies, but because education was widely embraced, southern people from lower castes were better able to take advantage of these opportunities than northerners. When India’s economy liberalized in the 1990s, the south was far more prepared to take advantage of globalization, said Samuel Paul of the Public Affairs Center, a research institution that has looked closely at the growing divide between north and south India. “The south was ready,” Mr. Paul said.
  •  
    A fascinating case study in the role of economics vs. culture vs politics in bringing about economic development and wealth.
Javier E

Op-Ed Columnist - The Genteel Nation - NYTimes.com - 0 views

  • sometime around 1800, economic growth took off — in Britain first, then elsewhere. How did this growth start? In his book “The Enlightened Economy,” Joel Mokyr of Northwestern University argues that the crucial change happened in people’s minds. Because of a series of cultural shifts, technicians started taking scientific knowledge and putting it to practical use.
  • Britain soon dominated the world. But then it declined. Again, the crucial change was in people’s minds. As the historian Correlli Barnett chronicled, the great-great-grandchildren of the empire builders withdrew from commerce, tried to rise above practical knowledge and had more genteel attitudes about how to live.
  • 65 percent of Americans believe their nation is now in decline, according to this week’s NBC/Wall Street Journal poll. And it is true
  • ...9 more annotations...
  • The first lesson from the economic historians is that we should try to understand our situation by looking for shifts in ideas and values, not just material changes.
  • After decades of affluence, the U.S. has drifted away from the hardheaded practical mentality that built the nation’s wealth in the first place. The shift is evident at all levels of society. First, the elites. America’s brightest minds have been abandoning industry and technical enterprise in favor of more prestigious but less productive fields like law, finance, consulting and nonprofit activism.
  • Then there’s the middle class. The emergence of a service economy created a large population of junior and midlevel office workers. These white-collar workers absorbed their lifestyle standards from the Huxtable family of “The Cosby Show,” not the Kramden family of “The Honeymooners.” As these information workers tried to build lifestyles that fit their station, consumption and debt levels soared. The trade deficit exploded. The economy adjusted to meet their demand — underinvesting in manufacturing and tradable goods and overinvesting in retail and housing.
  • Finally, there’s the lower class. The problem here is social breakdown. Something like a quarter to a third of American children are living with one or no parents, in chaotic neighborhoods with failing schools. A gigantic slice of America’s human capital is vastly underused, and it has been that way for a generation.
  • Most people who lived in the year 1800 were scarcely richer than people who lived in the year 100,000 B.C. Their diets were no better. They were no taller, and they did not live longer.
  • sometime around 1800, economic growth took off — in Britain first, then elsewhere. How did this growth start?
  • In his book “The Enlightened Economy,” Joel Mokyr of Northwestern University argues that the crucial change happened in people’s minds. Because of a series of cultural shifts, technicians started taking scientific knowledge and putting it to practical use.
  • the value shifts are real. Up and down society, people are moving away from commercial, productive activities and toward pleasant, enlightened but less productive ones.
  • Then there’s the middle class. The emergence of a service economy created a large population of junior and midlevel office workers. These white-collar workers absorbed their lifestyle standards from the Huxtable family of “The Cosby Show,” not the Kramden family of “The Honeymooners.” As these information workers tried to build lifestyles that fit their station, consumption and debt levels soared. The trade deficit exploded. The economy adjusted to meet their demand — underinvesting in manufacturing and tradable goods and overinvesting in retail and housing.
Javier E

Op-Ed Columnist - Harvest of Anger - NYTimes.com - 0 views

  • Burning books is a lousy idea. Heinrich Heine, the German poet, foresaw the worst early in the 19th century: “Where they burn books, in the end they will also burn people.” Less than a decade separated the Nazi book burning of 1933 from the crematoria of the Final Solution.
  • Why is America now bitterly divided over plans to build a mosque and Islamic center in the immediate vicinity of ground zero, and Europeans almost equally split over the growing Muslim presence in their societies?
  • The Sept. 11 attacks, seen now with a little perspective, shattered America’s self-image. A continent-sized sanctuary, flanked by the shining waters of two oceans, was no longer. A hideous neologism, the “homeland,” was coined to describe a country that now needed vigilant protection from within and without. Two wars, one longer than any in the nation’s history, deepened the trauma.
  • ...3 more annotations...
  • While one America fought, another shopped until the debt-driven spree ended in mayhem; and, to their horror, Americans discovered they could no longer cushion their declining incomes by borrowing against the once rising — now crashing — assets of their homes. Their last coping mechanism had collapsed.
  • None of this fosters forgiveness. Rather, it feeds a quest for scapegoats — Wall Street or Wahhabis.
  • Against these backdrops, Islam is easily manipulated by those who would cast it as enemy. Its very effervescence — that of the youngest of the great monotheistic religions — and its conservative values, especially on women’s rights, are fodder. So are its political expression as an ordering framework for society and the contentious concept of jihad.
Javier E

Op-Ed Contributor - My Nine Years as a Middle-Eastern American - NYTimes.com - 0 views

  • For the record: I am not Muslim. My immediate family ultimately kept us as agnostic as possible; religion went only as far as my mother praying to the American concept of a guardian angel and my dad “studying” Zoroastrianism. But most of the extended Khakpours are Muslim and, culturally, it’s a part of me insofar as I am a Middle Easterner.
  • Now, when I look back on ages 23 to 32, every aspect of my life is shadowed by what I saw through the glass that blue-and-gold Tuesday morning: two towers, each gashed and stunningly hazed in the glitter of exploding windows, falling, one after the other, over and over again. But what was once simple apprehension and mortification and trepidation has become increasingly entangled with feelings of exhaustion and marginalization and even indignation.
  • were certain things better in the George W. Bush era? Was it easier to be Middle Eastern then?
  • ...4 more annotations...
  • “The face of terror is not the true faith of Islam. That’s not what Islam is all about. Islam is peace.” Did that assurance mean more to white Americans coming from someone who looked like them?
  • Xenophobia and racism still abounded, but the lid stayed on the pot. Perhaps when Republicans held both the White House and Congress, conservatives weren’t sweating a thing; for them, people of color, along with all our white liberal friends, were lumped together in one misery-loves-company fringe. But now that the tables have turned, conservatives have positioned themselves as aggrieved victims.
  • has the most irrational breed of 9/11 payback emerged precisely because we elected an African-American president whose middle name — the name of cousins of mine — has turned into an H-word slur? A commander in chief whom the most misled and confused perceive in cartoon cahoots with terrorists, or at least as their religion-mate? As if that weren’t enough, take last year’s Fort Hood gunman, add a helping of the would-be Times Square bomber and top it off with “ground zero mosque” — and voilà, a boiling hot summer of anti-Islamic assault. Suddenly, anyone with skin as dark as President Obama’s could be a “secret Muslim,” and any Muslim must surely be a not-so-secret terrorist.
  • Every day, I lose America and America loses me, more and more.
Javier E

Op-Ed Columnist - We're No. 1(1)! - NYTimes.com - 0 views

  • The unstated assumption of much school ‘reform’ is that if students aren’t motivated, it’s mainly the fault of schools and teachers.” Wrong, he said. “Motivation is weak because more students (of all races and economic classes, let it be added) don’t like school, don’t work hard and don’t do well. In a 2008 survey of public high school teachers, 21 percent judged student absenteeism a serious problem; 29 percent cited ‘student apathy.’ ”
  • it is a microcosm of a larger problem we have not faced honestly as we have dug out of this recession: We had a values breakdown — a national epidemic of get-rich-quickism and something-for-nothingism.
  • China and India have been catching up to America not only via cheap labor and currencies. They are catching us because they now have free markets like we do, education like we do, access to capital and technology like we do, but, most importantly, values like our Greatest Generation had. That is, a willingness to postpone gratification, invest for the future, work harder than the next guy and hold their kids to the highest expectations.
  • ...1 more annotation...
  • In a flat world where everyone has access to everything, values matter more than ever. Right now the Hindus and Confucians have more Protestant ethics than we do, and as long as that is the case we’ll be No. 11!
Javier E

Testing, the Chinese Way - NYTimes.com - 0 views

  • When testing is commonplace and the teachers are supportive — as my children’s were, for the most part — the tests felt like so many puzzles; not so much a judgment on your being, but an interesting challenge.
  • When we moved back to New York City, my children, then 9 and 11, started at a progressive school with no real tests, no grades, not even auditions for the annual school musical. They didn’t last long. It turned out they had come to like the feedback of testing.
Javier E

Marginal Revolution: Winner take-all economics - 0 views

  • The top 1 percent, for instance, has gone from capturing about 8 percent of the national income to 18 percent. But there's no obvious skills differential between workers in the top 1 percent and the workers directly beneath them
  • In a winner-take all economy, however, small differences in skills can mean large differences in returns and we have moved towards a winner take-all economy because technology has increased the size of the market that can be served by a single person or firm.
  • Rowling has the leverage of the book but also the movie, the video game, and the toy.  And globalization, both economic and cultural, means that Rowling's words, images, and products are translated, transmitted and transported everywhere - this is the real magic of Ha-li Bo-te.
  • ...2 more annotations...
  • Time is limited and people want to read the same books that their friends are reading so book publishing has a winner-take all component.  Thus, greater leverage brings greater inequality.  The average writer's income hasn't gone up much in the past thirty years but today, for the first time ever, a handful of writers can be multi-millionaires and even billionaires.  The top pulls away from the median.   
  • The same forces that have generated greater inequality in writing - the leveraging of intellect, the declining importance of physical labor in the production of value, cultural and economic globalization - are at work throughout the economy.  Thus, if you really want to understand inequality today you must first understand Harry Potter.
Javier E

Marginal Revolution: Did France cause the Great Depression? - 0 views

  • The gold standard was a key factor behind the Great Depression, but why did it produce such an intense worldwide deflation and associated economic contraction?
  • France increased its share of world gold reserves from 7 percent to 27 percent between 1927 and 1932 and effectively sterilized most of this accumulation. This “gold hoarding” created an artificial shortage of reserves and put other countries under enormous deflationary pressure.
  • The results indicate that France was somewhat more to blame than the United States for the worldwide deflation of 1929-33.
« First ‹ Previous 81 - 100 Next › Last »
Showing 20 items per page