Tag Archives: economics

Bernie Sanders Praised Fidel Castro, the Sandinistas, the Venezuelan System . . .

Bernie Sanders’ admiration for revolutionary socialism goes back several decades. In 1985 Sanders filmed an interview in which he expressed admiration for Fidel Castro, and the Sandinistas in Nicaragua. More recently, he has admired the system of Hugo Chavez’ Venezuela, … Continue reading

Posted in Government, Politics | Tagged , | 3 Comments

Ugly US Economy Wins “Least Ugly Economy” Beauty Contest

By some measures, the US is neither the most productive economy nor the most innovative per capita. The US government is mired deeply in exponentially expanding debt, and US society is undergoing a demographic decline of a dysgenic nature. And … Continue reading

Posted in Donald Trump, Economics, innovation, Politics | Tagged ,

Economically Stressed China Flirts With Nuclear War

A Chronic Economic Crisis Spurs Expansionist Impulses Deep stresses within China’s bubble economy are building, forcing Beijing to take a neoimperial posture toward weaker nations in its vicinity. Inevitably, if China expands too forcefully, it risks war of a radioactive … Continue reading

Posted in China, Economics, Empire | Tagged ,

Innovation, Productivity, and Enterprise: Wealth of Nations

Innovation Leads to Greater Productivity and Wealth Both innovation in new products and innovation in new processes tend to contribute to higher productivity for both individual firms — large and small — and for nations. “Disruptive innovation” contributes more than … Continue reading

Posted in Demographics, Economics, Europe, innovation, Technology, Wealth of Nations | Tagged

Confidence, Oil, Sperm to Surge Under Trump

Surging Confidence by Consumers, Small Business, and Big Business The change in US presidential administration seems to be signalling a significant boost in confidence toward the future at all levels of the productive sectors of the economy. Consumer Confidence Surges … Continue reading

Posted in Economics, Energy, Sex | Tagged , ,

Why are Some Nations Rich and Others Poor?

Judging only by wealth per capita, most people might choose to live in Switzerland, Lichtenstein, or Luxembourg. But residency is tightly restricted in the smaller two nations of the three, and gaining permanent residency is Switzerland is not particularly easy. … Continue reading

Posted in Demographics, Economics, Executive Functions, Genetics and Gene Expression, IQ, Wealth of Nations | Tagged , , | 7 Comments

A Tale of Two National Economies: Central vs. Distributed

Russia’s Economy Is Focused on the Core According to the latest available data from the Federal State Statistical Service, the Central Federal District accounts for 35 percent of the entire Russian economy. Located in this district, Moscow alone accounts for … Continue reading

Posted in Economics, geopolitics, Russia | Tagged ,

A World According to Peter Thiel

Peter Thiel is not Afraid to Stand Out from the Crowd One of the few Silicon Valley giants to support political reformer Donald Trump, Peter Thiel risked irritating a lot of powerful and wealthy people in the establishment in order … Continue reading

Posted in Nuclear Fusion, Ocean, Politics | Tagged , , , | 1 Comment

Mexico and Russia in Virtual Dead Heat in IMF GDP Rankings

Russia and Mexico: Not Usually Considered as Geopolitical Equals Rank Country/Economy GDP Nominal (billions of $) 2016 share 2017 2018 1 United States 18,558.130 25.081 19,285 20,145 2 China 11,383.030 15.384 12,263 13,338 3 Japan 4,412.600 5.963 4,514 4,562 4 … Continue reading

Posted in China, Economics, innovation, Russian Decline | Tagged , , , | 1 Comment

Emerging North American Independence

“When the United States pulls back this time, it’s going to tear down the global order with it,” he said. “The only question in my mind is, will it fall apart next year, or will it take a decade?” Source … Continue reading

Posted in Economics, Energy, geopolitics, Peter Zeihan | Tagged

US States vs Rest of World: 3 States w/ Larger Economies than Russia

US States Compete With Each Other, Not the Rest of the World Even now, as the federal government has become obese and overly intrusive, states still must compete with each other to attract and retain workers. States like California that … Continue reading

Posted in Coming Anarchy, Demographics, Dysgenics, Economics, Idiocracy | Tagged | 1 Comment

Will the Global Credit Bubble Economy Explode then Collapse?

Credit is not innately good or bad. Simplistically, productive Credit is constructive, while non-productive Credit is inevitably problematic. This crucial distinction tends to be masked throughout the boom period. Worse yet, a prolonged boom in “productive” Credit – surely fueled … Continue reading

Posted in Economics | Tagged | 1 Comment

Nobody Knows Nothing

“Why Oil Prices Will Rebound Before We Know It,” appeared when oil prices were about $50 a barrel. Crude briefly bounced to $60, before dropping more than 50 percent to about $26, where it trades today. … It’s not just … Continue reading

Posted in Everything You Think You Know Just Ain't So, Folly of Prediction, Groupthink, Human Brain, Knowledge | Tagged , | 1 Comment

Heaven Is A Long-Shot Gamble Part II

According to the KISS study, the cost for a future mission to identify and return a 500 ton asteroid to low earth orbit is ~$2.6 billion USD, ignoring the costs to develop the infrastructure necessary to process the materials in … Continue reading

Posted in Asteroids, Disruptive Technologies, Future, Space Future, Technology | Tagged , | 5 Comments

SpaceX Scores Two in One: 11 Satellite Launches Plus Successful Recovery Landing of 1st Stage Booster

Elon Musk Goes Long Way Toward Redeeming Himself Elon Musk’s SpaceX finally achieved another successful space launch — plus it achieved its first successful recovery landing of a first stage booster rocket. This “two in one” success should go a … Continue reading

Posted in Disruptive Technologies, Economics, Space Future, Technology | Tagged , ,

Comparing Nations: Nominal GDP per Square Kilometre Area

Nominal GDP per square kilometre is a rough estimate of a nation’s productive use of land. It can also be used as a rough estimate of the relative maturity stage of national economic development. Lower ranking nations presumably maintain more … Continue reading

Posted in Economics, Siberia, Wealth of Nations | Tagged | 11 Comments

Saudi Arabia vs. Russia: Impact of a $75 bbl Oil Price

Over the next five years, the effects of the global oil-and-gas boom should prove a grim object lesson for the Russian economy on the downside of the “resource curse.” Russia’s economy “largely depends on energy exports,” according to a study … Continue reading

Posted in Energy, Russia, Russian Oil Curse | Tagged , , | 6 Comments

Tyranny vs. Opportunity: Decline or Prosperity

Under US President Obama, the US continues to decline in the global rankings of economic freedom and opportunity. The U.S. is the only country to have recorded a loss of economic freedom each of the past seven years. __PersonalLiberty http://personalliberty.com/2014/01/15/heritage-the-wall-street-journal-bemoan-rapid-decline-in-u-s-economic-freedom-under-obama/Continue reading

Posted in Economics, Government, Ideology | Tagged | 3 Comments

What is the IQ Breaking Point?

How Low Can Average IQ Go Before Countries Fail? Blogger Staffan looks at this issue from the standpoint of the correlations of IQ with multiple societal variables — (via HBDChick) — , including education, number of scientists and engineers, per … Continue reading

Posted in Demographics, IQ, Wealth of Nations | Tagged , | 5 Comments