Thursday, October 4, 2012
Romney Slip Slides
Barry, My Liege :
While it is true that the public perception of Mr. Romney is poor, your job is to aggressively pin him down.
We cannot rely on those assumed negative perceptions to sway voters to you unless you call him out in public.
You will be helped by finding a few points he makes that are either inconsistent or intensely disliked and then nail him to the wall on those issues.
It is time to kick him when he is down.
My Liege, he throws up so much smoke that it gives the impression of a fire.
Truly, his was a show of smoke and mirrors
But, your job is to call him on it.
And, please don't be polite about it.
We want you to fight for us.
Your faithful servant,
Wednesday, October 3, 2012
This Space - Enlightened !
Barry, My Liege :
This space is honored to be nominated by Economics Degree.net for inclusion in a list of the 100 most Enlightened economics websites available for people wishing to learn about economics.
You can learn more about the organization here : http://www.economicsdegree.net/
Here is the nomination notification :
" Hello
I work for EconomicsDegree.net, a website that offers news and informational resources about higher education in the world of economics and finance. In addition to providing info for prospective students, we aim to highlight economic trends locally and globally through blog posts and other content on our site. With that goal in mind, we’re preparing a list that acknowledges the Top 100 Sites for Enlightened Economists.
I’m pleased to tell you that we have nominated Clear and Present Danger for inclusion on our list!
If your site is featured on the final list, we’ll provide a badge that you can use to publicize your inclusion through your site and social media accounts.
Once the list is published, we’ll be reaching out to other sites about economics, international politics, business, and finance to ensure maximum recognition for your site.
Additionally, if you wish to nominate another economics blog or website that you feel is worthy of a spot on our list, please let us know.
Best,
Amy "
This space will post further information as it becomes available.
Your faithful servant,
Sunday, September 30, 2012
Conservative Economic Theory, Wrong in 1776, Wrong Now
Barry, My Liege :
It is stated and implied by economic conservatives that a minimum of government interference into the everyday activities of the economy will create the best of all possible worlds.
'When producers are free to sell what they wish and consumers are free to buy what they will, then the invisible hand of the market place will deliver the greatest material good to the greatest number of people' is how many conservatives express it.
Although this bedrock belief of many conservatives has been proven wrong by countless studies and theories, it persists to this day.
My Liege, it is worth considering the world in which those theories were created to see where they may be correct and or false.
That world of the 18th Century coincided with the birth of the United States of America.
Adam Smith's WEALTH OF NATIONS, the book which codified and justified this philosophy, was published in 1776, the year of our revolution. Some of our founding fathers explicitly acknowledged that the invisible hand identified by Adam Smith helped in drawing our Constitution.
And, our conservative friends rely on that coincidence to support their free market beliefs.
But, it is significant that even Adam Smith suggested that a just and moral society requires curbs on the free play of market forces in order to secure a decent life for all people.
As he wrote his book, he surely observed the life around him. The life he observed consisted of great accumulations of capital and material wealth together with unimaginable social misery in the England of the 18th century.
Describing that life, here is Esme Wingfield-Stratford, D.Sc., M. A., Ex-Fellow of King's College, Cambridge in THE HISTORY OF BRITISH CIVILIZATION, Routledge & Kegan Paul, Ltd., London, 1928, pp 739-740:
"Such was the agricultural revolution of the eighteenth century, and true to the principles of the time, full play was given to individual enterprise in the simple faith that all things would work together for good for those who loved money. It would have been utterly alien to contemporary habits of thought to have made a serious effort to estimate, much less to control, the social relations of this increase of productive capacity. The peasantry and yeomanry, who were so hard hit by the process of enclosure [diverting public lands to private ownership], were at the same time crippled by the rapid development of the factory system, and the consequent loss of domestic manufactures which had helped them to eke out a living. But quite apart from either of these handicaps, the small man, in this age of rapid innovation, was at a hopeless disadvantage against superior capital and education. Gradually the big estates began to eat up the small ones, and the poor man, with all the odds against him, was silently edged off the land by encroaching capital."
We pray you are able to see the dangers to our countrymen from the application of that philosophy.
Your faithful servant,
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