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Pericles and the Socialization of Economics – Part I

By Tadit Anderson

[Part I]

Introduction 

There is an interesting provenance between the defaming of the democracy of Pericles’s Athens as dysfunctional and the use of this fiction to support an “aristocratic” form of governance in opposition to democracy, even two thousand...

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New data shows lending tightening in August - an early sign of a market correction, experts warn...
Thursday, 18 September 2014 |

The Hottest Trend in Technology Today

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“C’mon Sis, quit crumpling my computer!”

It may seem unlikely that those words might soon issue from a young fellow’s mouth. Yet they could, in the not-too-distant future. And it’s because of the hottest trend in consumer products today:

Flexible electronics.

Some stunning advances in materials technology have made possible a lot of things we

...
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Given that all the leading candidates for Global Hegemon are hastening down paths of self-destruction, perhaps there will be no global hegemon dominating the 21st century.

Which nation with aspirations of global dominance (i.e. hegemony) has these attributes?

1. The nation's recent prosperity is based on a vast expansion of credit.

2. The nation...
Thursday, 18 September 2014 |

The Roundup for September 17th, 2014

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Hey there folks, what are you doing today?

International Politics

Overall                         

- Russia and Egypt agree on a new $3.5 billion weapons deal  to arm Egypt

- A U.S. Senate investigation found China hacked into the Pentagon a few times

- Russia called for a UN Security Council hearing on the MH17 flight after a recent Dutch report...

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The New York Times’ Coverage of EU Austerity Remains Pathetic

By William K. Black

I have explained in depth why the New York Times’ coverage of the EU troika’s infliction of austerity on the eurozone is dishonest and routinely indifferent to the suffering of the peoples of much of the periphery who have been forced into a second Great Depression. ...

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Predatory lenders drove municipal governments and taxpayers into debt with risky interest rate swap deals that may have violated federal regulations.

The story of how Wall Street banks steered unsuspecting homebuyers towards complex mortgages with hidden risks and hidden costs has been well-documented. In fact, the typical sales pitch for

...
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Getting your foot on the property ladder will require an average salary of £51,500, according to new figures...
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Obama Vetted ISIS Speech In Off-The-Record Meeting With Establishment Media

Steve Coll at Goldman Sachs Awards

How much additional evidence is really needed at this point to show that the establishment media are courtiers to power not independent journalists? Well, here is a little more anyway.

According to Michael Calderone at the Huffington Post, President Barack Obama met with over a dozen “journalists” in...

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The end of  risk-on  cannot be prettily managed.


In ancient Roman religion and myth,  Janus  is the god of transitions --beginnings and endings of conflict, war and peace, journeys, trades and eras. Janus has two faces, as befits a god that looks both to the future and to the past.

In our era of omnipotent central banks...

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