Family Crest

Family Crest
Motto: I will never forget. [ Source HouseofNames ]

HUMANITY DOOMSDAY CLOCK - Moves forward to 2125 due to election of US President trump.

Estimate of the time that Humanity will go extinct or civilization will collapse. The HUMANITY DOOMSDAY CLOCK moves forward to 2125 due to US President trump's abandonment of climate change goals. Apologies to Bulletin of the Atomic Scientists for using the name.


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The Jobs Theory of Growth []

Moral Economics []

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There Are Alternatives to Free Market Capitalism []

Specific Country Economic Policy Analyses - More Than 50 Countries from Argentina to Yemen []


Saturday, September 17, 2016

Time to Go Positive

Hillary, My Liege -

It is time to go positive with your campaign.

Lots of money has been spent proving that Trump is a bad person.

That worked. Sadly, some voters PREFER bad people.

Oh, well.

Here's a new message for you. [The following is taken from your website and spun just a tad.]

"OK, We know that Trump is a disaster for the country.

Vote for Hillary, and you will get this stuff - These are my plans and I know how to do all this:

A democracy that works for everyone—not just the wealthy and well-connected.

Several sensible Supreme Court Justices

Comprehensive background checks on gun purchasers.

End Citizens United and curb the outsized influence of big money in politics.

Make the wealthiest pay their fair share in taxes.

Comprehensive immigration reform that includes a path to full and equal citizenship.

More than half a BILLION, NEW solar panels installed across the country by the end of her first term.

Enough renewable energy to power every home in America within 10 years of her taking office.


Defend Planned Parenthood and women’s health care from Republican attacks and Doctor murders.

End to students being forced to borrow so Bankers can rip them off.

Guaranteed paid family leave.

“gay rights are human rights.”

Toughest plan available to keep Wall Street accountable.

Continuing expansion of healh care for all Americans.

Veterans access to timely and high quality health care."

Your faithful servant,

Wednesday, September 14, 2016

Sixth Mass Extinction Event

Humans are heading toward a mass extinction event like nothing ever seen on earth.

'The sixth mass extinction—the one that seven billion humans are doing their darnedest to trigger at this very moment—is shaping up to be like nothing our planet has ever seen.' Maddie Stone - Gizmodo

This likely stream of events does not change the Doomsday Clock.

Tuesday, September 13, 2016

Failure of Monetary Policy

Hillary, My Liege:

Professor Janet Yellen is a competent and diligent Federal Reserve Board Chair; but, any monetary policy actions taken by the FED will fail because the policies are based on the outdated Keynes General Theory.

Keynes' thesis was that lowering interest rates would encourage businesses to invest because their new projects would be profitable. And, the new investment would stimulate Aggregate Demand resulting in the 'virtuous cycle' of increased investment and increased consumer spending from more wages.

However, in today's world businesses do not invest regardless of low interest rates - nor do they refrain from investing due to higher interest rates - because they rightly forecast that expansions will not be profitable.

Expansions will not be profitable until and unless middle class incomes rise to the point where an income or two can support family necessities and an occasional luxury.

If consumers cannot buy luxuries, then the expansions that may have been encouraged in different times by lower interest rates will not materialize because businesses do not forecast adequate demand.

With regret, My Liege,

Your faithful servant,