The 2016 Rio Olympics have been an absolute nightmare, a total failure. Since day one the even have been inundated with corruption that has led to the worst conditions athletes have ever seen. Athletes are almost universal in their complaints about the poor quality of their dwellings. Many stories have come out speaking of exposed…
A post on Medium by Katie Salisbury applauds the ingenuity of two women in New York City that collect cans as a source of income.[1] These women, mother and daughter, are described as coming from humble beginnings and their hard work has brought them to a point where collecting cans is paying for the daughters’…
A problem has appeared among Thailand’s rubber farmers who already face some of the harshest living conditions in the world. Poverty among them creates a high mortality rate and a very low standard of living. A new trend has been emerging of desperate farmers using methamphetamines to keep up working. Exhausted by these long hours,…
I recently had a chance to read a post by Michael Roberts on the idea that the increasing automation of manufacturing (or at least heavy manufacturing) would not lead to a leisure society as depicted by Keynes, or perhaps to some degree by the Zeitgeist movement. The post was excellent but I had some thoughts…
As manufacturing has left the urban center and pretty much everywhere else, the lack of jobs is creating a severe gap in value generation. This leads to lower incomes for First World working and middle class people which translate to a lack of taxable income. This lack of tax revenue is causing many cities infrastructure…
There is something that those who lend money have learned over the years. If you physically punish someone who owes you an outstanding loan, you severely restrict their ability to pay it back. This is why certain measures in society were done away with like poorhouses and debtors prisons. (Interestingly the mafia never came to…
I was sent a blog by a friend on Facebook where this libertarian makes the same irrational claim, the freer the market the freer the people. Since it’s now easy for me to debunk such arguments I decided to go ahead and make a reply to it showing the logical gaps in his statements and…
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