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Thoughts for the post-2008 world

Thoughts for the post-2008 world
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10 talks you won't be able to stop thinking about | Playlist Now playing Here's a TED first: an animated Socratic dialog! In a time when irrationality seems to rule both politics and culture, has reasoned thinking finally lost its power? Watch as psychologist Steven Pinker is gradually, brilliantly persuaded by philosopher Rebecca Newberger Goldstein that reason is actually the key driver of human moral progress, even if its effect sometimes takes generations to unfold. The dialog was recorded live at TED, and animated, in incredible, often hilarious, detail by Cognitive.

The Global Minotaur In this remarkable and provocative book, Yanis Varoufakis explodes the myth that financialisation, ineffectual regulation of banks, greed and globalisation were the root causes of the global economic crisis. Rather, they are symptoms of a much deeper malaise which can be traced all the way back to the Great Crash of 1929, then on through to the 1970s: the time when a 'Global Minotaur' was born. Just as the Athenians maintained a steady flow of tributes to the Cretan beast, so Europe and the rest of the world began sending incredible amounts of capital to America and Wall Street. Thus, the Global Minotaur became the 'engine' that pulled the world economy from the early 1980s through to the financial collapse of 2008. Today's deepening crisis in Europe is just one of the inevitable symptoms of the weakening Minotaur; of a global 'system' which is now as unsustainable as it is imbalanced. Reviews 'If you want to know how serious the current crisis is, you should read his book.

The Global Minotaur: America, The True Origins of the Financial Crisis and the Future of the World Economy (Economic Controversies) (9781780320144): Yanis Varoufakis the free encyclopedia Christmas, the System and I You and I constitute the very system that we blame for the world’s problems, which is starkly illustrated at Christmas when we rob our fragile earth on the high streets in the name of Jesus. What better way to celebrate the birth of Christ this year than to unite under the banner of freedom and justice, and peacefully demonstrate for an end to hunger and poverty across the world, writes Mohammed Mesbahi. When disappointed with our politicians and distressed by the problems within our society, we come under the impression that there is a kind of rotten system out there. Without hesitation, we criticise and blame the system. Observing the bickering politicians on television, for example, we are apt to change our voting preferences if our chosen party breaks yet another promise. Why do we fail to perceive, through inner awareness, our self-appointed role in manifesting the drudgery and divisions of daily life that we like to call the system? The elusiveness of capitalism The true Christmas

INET Spotlight: Yanis Varoufakis What to do with Europe? Pick one: federalize or impose austerity. Or ask Yanis Varoufakis, who picks neither. The professor of economic theory at the University of Athens offers a modest proposal for helping to tackle this Euro Zone conundrum. Don’t worry about federalizing Europe now and don’t cling to the current course of imposing austerity that no one really believes will work. “This is a false dilemma,” Varoufakis says in his presentation titled “Ringfencing Europe” at INET’s Berlin conference. In his pragmatic and bold plan, Varoufakis acknowledges the stark political realities of the present situation in Europe and works from there. Offering what he calls his “Modest Proposal” that he built with Stuart Holland, Varoufakis suggests a cooperative approach between the many now-isolated European institutions that have the capability of ameliorating part of the Euro Zone crisis. As for the banks, Varoufakis says, “this is a debacle.”

How Greece could build up so much foreign debt - a purely fictional short story Greece’s foreign debt was 399 BN EUR by mid-2011. It was composed of 174 BN EUR in the central government; 208 BN EUR in the banking sector and 17 BN EUR in other sectors. Many people ask these days how foreigners could lend so much money to Greece. Let me tell a tale how this could have happened. Any similarities with actual persons and/or banks are strictly coincidental. Imagine that there are 3 major banks in Europe: the Merkel-Bank AG; the Sarkozy-Bank S. Their colleagues responsible for domestic lending operations in each of their banks think of them as “overpaid wine-tasters” because in their view, Horst, Jean-Pierre and Charlotte spend their time like diplomats who mingle amongst their own kind and who feel like being above the dirty day-to-day business of a normal bank. Let’s take Horst as an example. Horst also requests input from his Risk Management Department. On the plane to Athens, Horst starts flipping through the reports of his Risk Management Department.

Boeing B-17 Flying Fortress The Boeing B-17 Flying Fortress is a four-engine heavy bomber aircraft developed in the 1930s for the United States Army Air Corps (USAAC). Competing against Douglas and Martin for a contract to build 200 bombers, the Boeing entry outperformed both competitors and more than met the Air Corps' expectations. Although Boeing lost the contract because the prototype crashed, the Air Corps was so impressed with Boeing's design that they ordered 13 more B-17s for further evaluation. From its introduction in 1938, the B-17 Flying Fortress evolved through numerous design advances. The B-17 was primarily employed by the United States Army Air Forces (USAAF) in the daylight precision strategic bombing campaign of World War II against German industrial and military targets. From its pre-war inception, the USAAC (later USAAF) touted the aircraft as a strategic weapon; it was a potent, high-flying, long-range bomber that was able to defend itself, and to return home despite extensive battle damage.

World Energy Outlook 2014: il picco di tutto? Da “The Oil Crash”. Traduzione di MR Di Antonio Turiel Cari lettori, negli ultimi giorni, a parte dedicare tempo ai molteplici impegni professionali e di divulgazione, sono stato occupato a preparare il tema del post di oggi: la mia analisi del rapporto per eccellenza del panorama energetico mondiale, il World Energy Outlook, che nella sua edizione del 2014 è stato presentato dalla IEA il 12 novembre scorso. Un rapporto come al solito molto lungo (748 pagine), con moltissime informazioni su ciò che le menti pensanti di questa agenzia della OCSE credono che sarà il futuro della fornitura energetica del pianeta. Prospettiva storica Evoluzione prevista per le importazioni di petrolio degli Stati Uniti secondo il WEO 2012. Evoluzione dell'energia netta del petrolio in uno scenario realista, derivato dallo scenario delle Nuove Politiche del WEO 2012. L'anno scorso, il WEO 2013 ci ha mostrato un grafico ancora più inquietante. Struttura del WEO 2014 Il WEO 2014 è strutturato in tre parti:

The New Priesthood: An Interview with Yanis Varoufakis Part I Yanis Varoufakis is a Greek economist who currently heads the Department of Economic Policy at the University of Athens. From 2004 to 2007 he served as an economic advisor to former Greek Prime Minister George Papandreou. Yanis writes a popular blog which can be found here. His treatise on economic theory ‘Modern Political Economics: Making Sense of the Post-2008 World’, co written with Nicholas Theocrakis and Joseph Haveli is available from Amazon. Interview conducted by Philip Pilkington. Philip Pilkington: Without getting into too much technical detail what is it that you refer to in your book Modern Political Economics: Making Sense of the Post-2008 World the ‘inherent error’ in all economic theories and models? Yanis Varoufakis: The essence of the economists’ inherent error is that they erred into thinking it is possible to tell a credible story about how values and prices are formed in complex (multi-sector) economies that grow through time. PP: That’s really twisted. YV: Quite so.

The race to lend Greece: A short story by Klaus Kastner In this remarkable short story, Klaus Kastner (Kleingut) offers a fictionalised account of how Europe’s banks channelled billions to their Greek counter parties. It makes for excellent cross reading with my recent take on the Ant and the Grasshopper fable. [Click here for Klaus’ original post.) Greece’s foreign debt was 399 BN EUR by mid-2011. Many people ask these days how foreigners could lend so much money to Greece. Imagine that there are 3 major banks in Europe: the Merkel-Bank AG; the Sarkozy-Bank S. Their colleagues responsible for domestic lending operations in each of their banks think of them “overpaid wine-tasters” because in their view, Horst, Jean-Pierre and Charlotte spend their time like diplomats who mingle amongst their own kind and who feel like being above the dirty day-to-day business of a normal bank. Let’s take Horst as an example. Horst also requests input from his Risk Management Department. His counterparts do not request any new loans from Horst. Like this:

Royal Air Force The Royal Air Force (RAF) is the aerial warfare service branch of the British Armed Forces. Formed toward the end of the First World War on 1 April 1918,[2] it is the oldest independent air force in the world.[3] Following victory over the Central Powers in 1918 the RAF emerged – at the time – the largest air force in the world.[4] Since its formation, the RAF has taken a significant role in British military history, in particular, playing a large part in the Second World War where it fought its most famous campaign, the Battle of Britain.[5] History[edit] Origins[edit] The RAF developed its doctrine of strategic bombing which led to the construction of long-range bombers and became the basic philosophy in the Second World War.[10] Second World War[edit] The RAF underwent rapid expansion prior to and during the Second World War. The Avro Lancaster heavy-bomber was extensively used during the strategic bombing of Germany. Cold War era[edit] Recent history[edit] Structure[edit] Command[edit]

La Dieta anti-Neoplastica - CarcinomaEpatico.it La Dieta anti-neoplastica dev'essere priva, il più possibile, di acidi nucleici, di proteine, di acido folico e di vitamina B12: ciò per la fondamentale ragione che la crescita del tumore avviene soltanto attraverso particolari fattori di apporto energetico (Glucosio) e tramite sostanze necessarie alla sintesi di nuovo DNA e per creare nuove cellule tumorali (mitosi cellulare). Secondo tale Dieta, la bassa quantità di Glucosio, il ridotto o assente apporto di acidi nucleici, di proteine, di acido folico e di vitamina B12 tenderanno a bloccare la crescita tumorale. Ma poiché l'organismo non può sopravvivere in assenza di queste sostanze, vi sarà anche un depauperamento continuo e costante di tali sostanze a carico dei tessuti muscolari e di riserva dell'organismo: si può ritenere che tale depauperamento verrà anche compiuto a carico dello stesso tessuto neoplastico. Il paziente inizierà cioè a "nutrirsi" del proprio stesso Cancro; Importanti sono le Spezie. Sostanze Fito-Chimiche Continua qui

Director's Chair: Yanis Varoufakis - The Global Minotaur and The True Origins of the Financial Crisis In this four-part INET “From the Director’s Chair” interview, INET Executive Director Robert Johnson talks with Greek economist Yanis Varoufakis about Varoufakis’s new book The Global Minotaur: America, The True Origins of the Financial Crisis and the Future of the World Economy. “The Global Minotaur” is Varoufakis’s metaphor that tells the story about “what went wrong in 2008 and why the world economy is finding it so hard to rediscover its poise after the debacle in 2008.” After refusing a multilateral, more democratic exchange regime post-WW II, the US eventually became the world’s buyer of last resort. But how to finance America’s growing trade deficits? Feed the beast, says Varoufakis, drawing parallels to the story from Greek mythology about the Minotaur who had to be fed human sacrifices as tribute. Part 1: The Global Minotaur Part 2: Bankruptocracy Part 3: The Two Faces of the Crisis Part 4: Europe by (Mis)Design Click here to order Varoufakis's book, The Global Minotaur

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