What Happens When Wall Street Goes Up Against the CIA?

Drug war related deaths by state,  2007-2009. Image Source: Sean Connely et. al. “Mexico Under Siege.” Los Angles Times interactive feature.  This week The Washington Post published an investigative report on the role U.S. intelligence agencies have played in Mexico’s ongoing campaign against the drug cartels. This is their introduction to the topic: For the […]

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Far Right and Far Left – Two Peas in a Pod?

Infographic from Ty Morteson. Image Source.One might add “Governments consistently bails out corporate interests with tax-payer money” to the center of the diagram. Several months ago I published a post that describes how the extreme partisanship emanating from Washington is a really just a surface veneer that covers a plutocratic consensus lying beneath. [1] Ashwin Parameswaran, blogging […]

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Notes From All Over (15/03/13): Rome, Banks, and China

A collection of articles, essays, and blog post of merit.TOP BILLINGRue the IdesBurt Likko. League of Ordinary Gentleman. 15 March 2013.This is one of the best treatments of Caesar and his times yet published on the blogosphere. A few money quotes: After all nearly two centuries of history that preceded Caesarโ€™s rise to power demonstrated […]

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A Flawed Comparison: Inequality, Ancient and Modern

Comparing our times with those gone by can be useful – but only if we remember what made those days different than our own. When we forget those differences then our analysis is fruitless. Attempts to understand economic inequality in 21st century America by comparing it with its ancient precedents inevitably runs befoul this truth.Over […]

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Institutions, Instruments, and the Innovator’s Dilemma

I have written several posts that use Carol Quiglyโ€™s โ€œinstitutional imperativeโ€ as a lens for understanding contemporary events. [1] Mr. Quigly suggests that all human organizations fit into one of two types: instruments and institutions. Instruments are those organizations whose role is limited to the function they were designed to perform.(Think NASA in the 1960s, defined […]

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Ominous Parallels: What Antebellum America Can Teach Us About Our Modern Political Regime

Many people point to the hyper-partisanship of national Democratic and Republican parties as the greatest challenge facing 21st century America. When seen through the lens of another vapidly partisan political system – that of Jacksonian America – we see that the real danger is not noisy partisanship, but the iniquity it hides: for them it was slavery; for us, plutarchy.   Living amidst the raucous partisanship of contemporary times it […]

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A Dark Cloud Over Europe

Read this:Ireland’s Debt ServitudeAmbrose Evans-Pritchard. The Telegraph. 30 November 2010. Having done so, please watch this: My comment: It has become increasingly clear that the fate of the Euro project will be decided in the next few months. Even the Union’s strongest defenders (much less its elected and appointed officials!) admit that if the current […]

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Crony Capitalism and Stagnation, Connecting the Dots

Ashwin Parameswaran has an excellent piece up over at Macroeconomic Resilience on the intersection of  economic innovation and technological progress, crony capitalism, complex system dynamics, and unemployment. To quote from the post’s conclusion: The Cause and Impact of Crony Capitalism: the Great Stagnation and the Great Recession Ashwin Parameswaran. Macroeconomic Resilience. 24 November 2010. Due […]

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Straight Talk on the TSA, Paragon of the Creeping Security State

Over the course of the last week the Transportation Security Administration’s new airport security measures have generated a great deal of public outcry and controversy. This bout of public dissatisfaction provides a rare opportunity that should not be wasted. For the first time in nine years Americans are seriously questioning at least one part of […]

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