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link of the day Category

stiglitz on the inequality in the US

dystopia, economics, link of the day, politics 0 Comment »

Spiegel Internationall managed to get an interview with Prof Joseph Stiglitz about inequality in the US, in which he presents some terrifying numbers:

“In 2008, President George W. Bush claimed that we did not have enough money for health insurance for poor American children, costing a few billion dollars a year. But all of a sudden we had $150 billion to bail out AIG, the insurance company. That shows that something is wrong with our political system. It is more akin to “one dollar, one vote” than to “one person, one vote.”

“Many of those in the financial sector got rich by economic manipulation, by deceptive and anti-competitive practices, by predatory lending. They took advantage of the poor and uninformed, as they made enormous amounts of money by preying upon these groups with predatory lending. They sold them costly mortgages and were hiding details of the fees in fine print.”

“In 2011, the six heirs to the Walmart empire commanded wealth of almost $70 billion, which is equivalent to the wealth of the entire bottom 30 percent of US society.”

“More than a quarter of all homeowners owe more money than the value of their houses. We need a growth strategy to stimulate the economy. We haven’t invested enough for 30 years — in infrastructure, technology, education.”

“One corporation alone, AIG, got more than $150 billion — more than was spent on welfare for needy families from 1990 to 2006.”

“Europe’s crisis is not caused by excessive long-term debts and deficits. It is caused by cutbacks in government expenditures. The recession caused the deficits, not the other way around. Before the crisis Spain and Ireland ran budget surpluses. They cannot be accused of fiscal profligacy. More fiscal discipline will only worsen the downturn. No economy ever recovered from a downturn through austerity.”

Joseph Stiglitz is …

… “recipient of the Nobel Memorial Prize in Economic Sciences (2001) and the John Bates Clark Medal (1979). He is also the former senior vice president and chief economist of the World Bank. He is known for his critical view of the management of globalization, free-market economists (whom he calls “free market fundamentalists”) and some international institutions like the International Monetary Fund and the World Bank.”

His latest book “The Price of Inequality” (2012) hit the New York Times best seller list.


October 2nd, 2012  



how to suck at your religion

link of the day, religion, science 0 Comment »

Link of the day: “How to suck at your religion” by TheOatmeal


August 1st, 2012  



natural selection and modern medicine

evolution, link of the day, science 0 Comment »

Amazing talk on TedMed by Andrew Read, Penn State:

“Disease superbugs are mutating faster than we can develop treatments. Andrew Read of Penn State University talks about how better understanding natural selection can help us fight back.”


June 17th, 2012  



in legend

link of the day, nerdworld, worth living for 0 Comment »

Youtube revolution. This is the future — now go and support them for this bold move.

Also, IN LEGEND clearly have the coolest base player in the universe. And who doesn’t like “piano” metal”?


March 2nd, 2012  



i love charts

link of the day 1 Comment »

ilovecharts.tumblr.com/


February 10th, 2012  



vermin supreme

link of the day, mad world, politics 3 Comments »

Must see. I mean it.


January 11th, 2012  



to see in the dark

art, link of the day 1 Comment »

Wonderful images by BENEDETTA BONICHI:
To See In The Dark


December 1st, 2011  



history of the english language

link of the day, random facts, science 0 Comment »

I received a message by Open University to remove this video here. I wonder if it is illegal to imbed youtube videos? It doesn’t matter, since the youtube video has been taken down as well:

“HOW THE ENGLISH LANGUAGE …”
This video is no longer available due to a copyright claim by The Open University.

I’ll google this in a few days and hope I can find a “legal” source for this wonderful video.

A wonderful 10 minute video about the development of the English language. The best chapters for me were the chapters about science (“Acid” 1626, “Gravity” 1641, “Electricity” 1646, “Pendulum” 1660, “Penis” 1693, “Vagina” 1682, “Cardiac” 1601, “Sternum” 1667, “Tonsil” 1601) and words from other languages (Carribbean: BQQ, canoe, cannibal; India: stairs, bungalow; Africa: voodoo, zombie; Australia: walkaround, nugget; Holland: cookies).


November 24th, 2011  



relationships in english

link of the day 9 Comments »

Link of the day: “The Top 10 Relationship Words That Aren’t Translatable Into English”

Cafuné (Brazilian Portuguese): The act of tenderly running your fingers through someone’s hair.


November 21st, 2011  



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