Nima and Dylan discuss the beginnings of early civilizations and their predecessor, the neolithic garden cultures.
Nima and Dylan discuss the eternal laws of the evolution of civilizations, in this first part of this series they delve into the phenomenon of instruments turning into institutions over time.
Evolution of Civilizations by Carroll Quigley (www.amazon.com/Evolution-Civiliz…+of+civilizations)
Tragedy & Hope by Carroll Quigley (www.infowarsstore.com/tragedy-hope.html)
So there we were, celebrating my BFF David’s 50th birthday in Los Angeles. As we headed back home, we had to pass by the Simon Wiesenthal Center’s so called “Museum of Tolerance”, an institution that contributes to historical ignorance like none other in the country.
Watch David’s rant:
Watch South Park lambaste this fraud:
Ron Paul debates Paul Krugman on monetary policy and economic history:
The most instructive point in this discussion, in my opinion, is where Krugman flat out exposes his ignorance about the essence of the concept of fiat money:
Ron Paul: “People today, if they use gold and silver, you can go to jail.”
Paul Krugman (chuckles): “That’s not what I’ve … that’s not MY understanding of the law.”
Well, then it might behoove him to be a bit more open and curious about cases like that of Bernard von NotHaus:
Bernard von NotHaus, 67, was convicted today by a federal jury of making, possessing, and selling his own coins, announced Anne M. Tompkins, U.S. Attorney for the Western District of North Carolina. Following an eight-day trial and less than two hours of deliberation, von NotHaus, the founder and monetary architect of a currency known as the Liberty Dollar, was found guilty by a jury in Statesville, North Carolina, of making coins resembling and similar to United States coins; of issuing, passing, selling, and possessing Liberty Dollar coins; of issuing and passing Liberty Dollar coins intended for use as current money; and of conspiracy against the United States.
I can can already guess what Krugman is going to proclaim in his defense: That of course he’s well aware of the case and that said individual was only sent to jail because he was ripping of the “Dollar” brand or that he was committing acts of conspiracy or something along those lines.
At 6:23 Ron Paul talks about the policies that laid the foundation for an end to the Depression and the post WW2 era boom which Krugman himself admits he wants to go back to:
“… we cut spending by some 60 percent, we slashed taxes, finally the Depression ended. It was the liquidation of debt that made it available that we could go back to work again.”
Here are some charts for the period in question:
Government spending 1945 – 1950 in pct of GDP:
Government debt 1945 – 1950 in pct of GDP:
Taxes from 1945 – 1950 in pct of GDP:
It is, then, a pretty arrogant, self centered, narcissistic, and most importantly false way of debating when all you can respond to someone confronting you with such historical facts is “That’s not my version of history”.
It’s actually quite irrelevant what “my” or “your” version of history is, as much as it is indeed relevant what the correct version of history is. But it takes a certain level of humility to subjugate your own opinion to this annoying thing called reality.
Tenured economics professors are unfortunately a so tied up with internal he-said-she-said gossip and with debating the inconsequentialities of whether the target inflation should be 2 or 3 percent and whether rich should be taxed more or less, that they really seem to have no time to delve into a comprehensive, detailed, and honest analysis of historical and economic facts.
It is thus up to you, dear reader, to tune out when you hear such clowns spout out irresponsible, boring, and oft-repeated and refuted nonsense, and to seek out those who take the pursuit of truth more serious than childish ad-hominem attacks, gossip, and prestige amongst the influential and well connected.