Sinopse Econômica ISSN 2525-9962 O boletim Sinopse Econômica é uma publicação mensal, tendo como objetivo apresentar análises concisas e informações sistematizadas sobre conjuntura e tendências da economia internacional, do Brasil e regionalmente, do Estado de Sergipe. Sinopse Econômica – Jan/2017…
The transition in the United States from President Barack Obama to Donald Trump does not run smoothly and adds to the general uncertainty that clouds the beginning of 2017. As the inauguration of the new president gets nearer, the controversies mount. While fierce disputes marked already the electoral campaign, these became even more severe after the election. The quarrels are not confined to the United States. Already during his campaign, the incoming president has provoked severe concerns in Mexico, China, and Europe. Trump has put the role of NATO into doubt and stands for a complete turn-around as to its relation with Russia. Across the globe, concerns are on the rise that the United States will lead the world toward the abyss of protectionism.
Angelo M. Codevilla has written a brilliant piece, The Rise of Political Correctness. For a few days I have been thinking about how to summarize it and add something to it. I have read it several times and decided I cannot – I cannot summarize it; I cannot add something to it. If the subject of culture and liberty matter to you, it must be read.
Gray North has written an excellent summary; it is still worth reading the original.
Codevilla traces political correctness to its roots – Machiavelli and communism. But it wasn’t Marx’s communism that spawned this evil; it was Antonio Gramsci’s. I have written on this before in the context of libertine-worshipping libertarians; I became aware of the Gramsci connection only because of something I read from Dr. North.
Today’s progressives have gone well beyond Gramsci; Gramsci was only after a replacement. For today’s progressives, having won the cultural war a generation ago isn’t enough; having destroyed traditional western (i.e. Christian) culture isn’t enough. They want more; and after they get more, they will want more. Mais
"The orthodox view of economic policy holds that public deliberation sets the goals or ends, and then experts select the means to implement these goals. This assumes that experts are no more than trustworthy servants of the public interest. David M. Levy and Sandra J. Peart examine the historical record to consider cases in which experts were trusted with disastrous results, such as eugenics, the regulatory use of security ratings, and central economic planning. This history ...suggests that experts have not only the public interest but also their own interests to consider. The authors then recover and extend an alternative view of economic policy that subjects experts' proposals to further discussion, resulting in transparency and ensuring that the public obtains the best insights of experts in economics while avoiding pitfalls such as expert bias." Ver mais
"This rare study by C.A. Phillips, together with T.F. McManus and R.W. Nelson, appeared in 1937 as an Austrian-style analysis of the stock market crash and the great depression that followed. It explores the many theories tossed about at the time, and concludes that the theory "here developed may be called a 'central banking' explanation of the depression. The depth and duration of the depression are held to be the ineluctable consequences of the preceding boom. That boom cou...ld never have lasted as long as it did, nor could it have assumed the proportions it attained, under the old National Banking System. The boom and depression were therefore proximately caused by central bank credit expansion." We can see, then, why Austrian economists have long held this book in high esteem, though it has been nearly impossible to find for many years. Murray Rothbard himself picked it as among the 20 most significant economics books of the 20th century." Ver mais
Ten free lectures. Good Content from Harvard prof Paul Cantor,
"Are commerce and culture perennially at odds with each other? Does the marketplace inevitably corrupt artists? At most colleges and universities across the country, the answer to these questions would be "yes," but the Mises Institute offers another perspective.
"Paul Cantor, Clifton Waller Barrett Professor of English at the University of Virginia, is a pioneer in literary criticism from an Austrian perspective.... Continuar lendo
"Are mass violence and catastrophes the only forces that can seriously decrease economic inequality? To judge by thousands of years of history, the answer is yes. Tracing the global history of inequality from the Stone Age to today, Walter Scheidel shows that inequality never dies peacefully. Inequality declines when carnage and disaster strike and increases when peace and stability return. The Great Leveler is the first book to chart the crucial role of violent shocks in red...ucing inequality over the full sweep of human history around the world.
Ever since humans began to farm, herd livestock, and pass on their assets to future generations, economic inequality has been a defining feature of civilization. Over thousands of years, only violent events have significantly lessened inequality. The "Four Horsemen" of leveling--mass-mobilization warfare, transformative revolutions, state collapse, and catastrophic plagues--have repeatedly destroyed the fortunes of the rich. Scheidel identifies and examines these processes, from the crises of the earliest civilizations to the cataclysmic world wars and communist revolutions of the twentieth century. Today, the violence that reduced inequality in the past seems to have diminished, and that is a good thing. But it casts serious doubt on the prospects for a more equal future.
An essential contribution to the debate about inequality, The Great Leveler provides important new insights about why inequality is so persistent--and why it is unlikely to decline anytime soon."
Are mass violence and catastrophes the only forces that can seriously decrease economic inequality? To judge by thousands of years of history, the answer is yes. Tracing the global history of inequality from the Stone Age to today, Walter Scheidel shows that inequality never dies peacefully. Ineq...
"William F. Buckley famously said he would rather be ruled by the first 2,000 people listed in the Boston telephone directory than by the faculty of Harvard University. The government about to take over in Washington has more billionaires than the Boston of Buckley’s time, but it seems willing to test the theory that academics can be dispensed with for the most part. Rather than give Buckley's comparison a simple thumbs up or down, I find it more useful to ask when we would s...ide with the citizens and when with the faculty.
"I prefer the citizens for broad questions of policy and society. The citizens are more likely to be in touch with the concerns of everyday life, and less likely to embrace utopian schemes. They are more likely to be politically and culturally diverse. Overall, they are more conservative in both the "small c" sense of that word and the more political sense. By one estimate, 84 percent of campaign contributions from Harvard faculty in 2014 went to Democrats.
"For better or worse, direct rule by Buckley’s 2,000 American citizens probably would mean a slower pace of immigration, less emphasis on free trade, more law and order politics, and a blunter form of nationalism in foreign policy."
"Everyone says Trump is going to change everything way too much," Peter Thiel said. "Well, maybe Trump is going to change everything way too little. That seems like the much more plausible risk to me."
Searching for the best airfare can be a stressful and time consuming process. Online travel agents like Priceline, Orbitz and Expedia get a lot of attention for their comparison resources, but they don’t always show the complete picture. There are actually a handful of alternative, lesser-known sites out there that can help you find even cheaper tickets. To ensure you’re getting the cheapest flights, check these out before you book.
Pay Gap Between College Grads and Everyone Else at a Record
Americans with no more than a high school degree have fallen so far behind college graduates in their economic lives that the earnings gap between college grads and everyone else has reached its widest point on record. The growing disparity has become a source of frustration for millions of Americans worried that they — and their children — are losing economic ground. College graduates, on average, earned 56 percent more than high school grads in 2015, according to data compiled by the Economic Policy Institute. That was up from 51 percent in 1999 and is the largest such gap in EPI's figures dating to 1973. Since the Great Recession ended in 2009, college-educated workers have captured most of ...
10 Crazy Stories About The Rulers Of Ancient China
The emperors of the ancient world held an incredible amount of power. Those who ruled over the kingdoms of ancient China were called the sons of Heaven. They were deified men whose every word was to be followed without question. When a whole kingdom follows your every word, it can be hard to stay stable, but it’s easy to fall into a decadent and unstable life. That much power can drive a man insane. Sometimes, it did. 10 King Zhou Of Shang Had A Lake Of Wine As the reign of King Zhou went on, he started to get comfortable. He was the king of a great dynasty, and he resolved to enjoy it—in some absolutely unbelievable ways. Zhou ordered the construction of the Pool Of Wine And Forest Of Meat, ...
"To be governed is to be watched over, inspected, spied on, directed, legislated at, regulated, docketed, indoctrinated, preached at, controlled, assessed, weighed, censored, ordered about, by men who have neither the right, nor the knowledge, nor the virtue. … To be governed is to be at every operation, at every transaction, noted, registered, enrolled, taxed, stamped, measured, numbered, assessed, licensed, authorized, admonished, forbidden, reformed, corrected, punished. I...t is, under the pretext of public utility, and in the name of the general interest, to be placed under contribution, trained, ransomed, exploited, monopolized, extorted, squeezed, mystified, robbed; then, at the slightest resistance, the first word of complaint, to be repressed, fined, despised, harassed, tracked, abused, clubbed, disarmed, choked, imprisoned, judged, condemned, shot, deported, sacrificed, sold, betrayed; and, to crown all, mocked, ridiculed, outraged, dishonoured. That is government; that is its justice; that is its morality."- Pierre-Joseph Proudhon
Some historians estimate that Gulag’s total population varied between half a million in 1934 and 1.7 million in 1953. In the aftermath of WWII, some four million Axis POWs were interned in those camps, but it was not for them that the gulag system was created.