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  • Microsoft Word - Mirowski formatted.docx - WP23-Mirowski.pdf about 2 hours ago
  • How the Deadly Sin of Avarice Was Rehabilitated as Self Interest - Evonomics about 3 hours ago
    • How the Deadly Sin of Avarice Was Rehabilitated as Self Interest

      And why economists have come to have second thoughts about Homo economicus

    • By Samuel Bowles


      In the aftermath of the stock market crash of 1987, the New York Times headlined an editorial “Ban Greed? No: Harness It,” It continued: “Perhaps the most important idea here is the need to distinguish between motive and consequence. Derivative securities attract the greedy the way raw meat attracts piranhas. But so what? Private greed can lead to public good. The sensible goal for securities regulation is to channel selfish behavior, not thwart it.”

    • The Times, surely unwittingly, was channeling the 18th century philosopher  David Hume:  “Political writers have established it as a maxim, that in contriving any system of government . . . every man ought to be supposed to be a knave and to have no other end, in all his actions, than his private interest. By this interest we must govern him, and, by means of it, make him, notwithstanding his insatiable avarice and ambition, cooperate to public good.”

    14 more annotations...

  • Post-Qaddafi Libya: The Next Quagmire? about 3 hours ago
    • Post-Qaddafi Libya: The Next Quagmire?

      By: /
      July 4, 2011
    • Consider this scenario:  NATO and the Libyan rebels get their wish and Moammar Qaddafi loses power as a result of a coup d’état, a NATO bomb, or a negotiated deal.  Then what happens?


      Last week, UK Foreign Secretary William Hague offered a brief glimpse of the emerging plan for international involvement in Libya after Qaddafi.  In a statement to the House of Commons, he reported that officials from the UK, US, Turkey, Italy and Denmark had visited Libya “to assess stabilization needs.” (Another report suggested that Canada participated in related consultations.)  Hague also nudged the United Nations to move forward with its own plans for post-conflict Libya, noting that the UN will play the leading role in such efforts.

    • However, detailed information on planning for post-Qaddafi Libya is scarce.  Beyond the Libyan rebels’ own statement of principles, and tidbits leaking out of national capitals, very little is known.


      In the Globe and Mail today, I wrote this:


      After stumbling into an Afghan mission based on mistaken assumptions, surely we have an obligation to scrutinize the details of any plans for international participation in Libya’s reconstruction…

    2 more annotations...

  • NATO’s Success in Libya about 3 hours ago
    • NATO’s Success in Libya

      In Libya "not only was the worst avoided, but the result was a remarkable success," says Paris.
      By: /
      October 31, 2011
    • NATO’s operation in Libya formally ends at midnight today. All told, its aircraft conducted almost 10,000 strike missions over 7 months. When the mission began, many commentators warned that the intervention would result in a quagmire that might draw in western forces into another endless, unwinnable war. No one could have predicted the outcome of this intervention: wars have a way of taking on their own dynamics, to the eternal dismay of military planners and politicians. In this case, however, not only was the worst avoided, but the result was a remarkable success.
    • Mark Lynch, associate professor of political science and international affairs at George Washington University, sums up the success nicely:



      The NATO intervention did save Libya's protestors from a near-certain bloodbath in Benghazi. It did help Libyans free themselves from what was an extremely nasty, violent, and repressive regime. It did not lead to the widely predicted quagmire, the partition of Libya, the collapse of the TNC, or massive regional conflagration. It was fought under a real, if contestable, international legal mandate which enjoyed widespread Arab support.It did help to build — however imperfectly and selectively — an emerging international norm rejecting impunity for regimes which massacre their people.Libya's success did inspire Arab democracy protestors across the region. And it did not result in an unpopular, long-term American military occupation which it would have never seemed prudent to withdraw.

    1 more annotation...

  • Neoliberalism: Oversold? -- Finance & Development, June 2016 about 6 hours ago
    • Neoliberalism: Oversold?

         <!-- --> 

      Finance & Development, June 2016, Vol. 53, No. 2


      Jonathan D. Ostry, Prakash Loungani, and Davide Furceri


    • Instead of delivering growth, some neoliberal policies have increased inequality, in turn jeopardizing durable expansion


      Milton Friedman in 1982 hailed Chile as an “economic miracle.” Nearly a decade earlier, Chile had turned to policies that have since been widely emulated across the globe. The neoliberal agenda—a label used more by critics than by the architects of the policies—rests on two main planks. The first is increased competition—achieved through deregulation and the opening up of domestic markets, including financial markets, to foreign competition. The second is a smaller role for the state, achieved through privatization and limits on the ability of governments to run fiscal deficits and accumulate debt.­

    • There has been a strong and widespread global trend toward neoliberalism since the 1980s, according to a composite index that measures the extent to which countries introduced competition in various spheres of economic activity to foster economic growth. As shown in the left panel of Chart 1, Chile’s push started a decade or so earlier than 1982, with subsequent policy changes bringing it ever closer to the United States. Other countries have also steadily implemented neoliberal policies (see Chart 1, right panel).­

    24 more annotations...

  • Neoliberalism: Oversold? about 6 hours ago
  • Trump reaches number of delegates needed to clinch GOP nomination for president - LA Times about 14 hours ago
    • Trump reaches number of delegates needed to clinch GOP nomination for president
    • Donald Trump on Thursday reached the number of delegates needed to clinch the Republican nomination for president, completing an unlikely rise that has upended the political landscape and sets the stage for a bitter fall campaign. 

      Trump was put over the top in the Associated Press delegate count by a small number of the party's unbound delegates who told the AP they would support him at the convention. Among them is Oklahoma GOP Chairwoman Pam Pollard. 


      “I think he has touched a part of our electorate that doesn't like where our country is,” Pollard said. “I have no problem supporting Mr. Trump.” 

      It takes 1,237 delegates to win the Republican nomination for president. Trump has reached 1,238, according to the AP count. With 303 delegates at stake in five state primaries, icluding California, on June 7, Trump will easily pad his total, avoiding a contested convention in Cleveland in July. 

    • Trump, a political neophyte who for years delivered caustic commentary on the state of the nation from the sidelines but had never run for office, has fought off 16 other Republican contenders in an often ugly primary race. 

      Many on the right have been slow to warm to Trump, wary of his conservative bona fides. Others worry about his crass personality and lewd comments he's made about women. 

    6 more annotations...

  • Trump: My GOP will be a 'worker's party' | TheHill about 14 hours ago

      Trump: My GOP will be a 'worker's party'

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    • Presumptive GOP presidential nominee Donald TrumpDonald TrumpThe Hill's 12:30 Report RNC official defends Susana Martinez after Trump criticism GOP Senate hopeful wants to go beyond Trump's Muslim ban MORE predicted the Republican Party will become a "worker's party" under his leadership.

      “Five, 10 years from now — different party," Trump said during an interview with Bloomberg Businessweek published Thursday.

      ADVERTISEMENT<script type="text/javascript"> <!--//--><![CDATA[// ><!-- googletag.cmd.push(function() {googletag.display("dfp-ad-mosad_1");}); //--><!]> </script>
      "You’re going to have a worker’s party. A party of people that haven’t had a real wage increase in 18 years, that are angry."

      Trump said he thinks cutting Social Security is a "big mistake" for the party.
    • "And I know it’s a big part of the budget. Cutting it the wrong way is a big mistake, and even cutting it [at all]," he said.

      Trump also explained he does spend a lot of time in "deep analysis" of his views. 

      “My views are what everybody else’s views are," he said.

      "When I give speeches, sometimes I’ll sign autographs and I’ll get to talk to people and learn a lot about the party," Trump continued.

    1 more annotation...

  • Inside Mexico's 'ghost' unions | Toronto Star about 14 hours ago
    • Inside Mexico's 'ghost' unions

      It’s one of the cheapest places in the world to make things. But Mexican factory workers labour for long hours and little pay — and have nowhere to turn for help — as they churn out billions of dollars in goods for Canadians.

    • By
      Sun., May 22, 2016
    • TIJUANA, MEXICO—Margarita Avalos wasn’t even aware she had a union — until she and her fellow factory workers asked for the pay they were owed.

      Suddenly, she says, a union appeared. And they proposed a solution: lock the troublemaking employees in a room without food or water until they agreed to take three months’ unpaid leave.

      Last year, men and women like Avalos churned out billions of dollars worth of goods shipped to Canada, with almost 80 per cent destined for Ontario — a trade relationship that has ballooned by more than 700 per cent since the North American Free Trade Agreement was implemented in 1994.

    17 more annotations...

  • Caitlyn Jenner's 'I Am Cait' pulled off TV screens in Africa - Times LIVE about 14 hours ago
    • Caitlyn Jenner's 'I Am Cait' pulled off TV screens in Africa

        TMG Entertainment | 26 May, 2016
    • It has been confirmed that E! Entertainment and NBC Universal have canned the second of Caitlyn Jenner's reality show I Am Cait in Africa after the Nigerian Broadcasting Authority banned the show in the country.
    • The show, which takes viewers on Caitlyn Jenner's transgender journey, has been apparently been pulled in Nigeria after the broadcasting authority received complaints.

      The show being canned in Nigeria subsequently affects the rest of Africa as it is understood that there is only one feed for the continent

    3 more annotations...

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    15 members, 20 items

    "How to get over anthropology" (thinking about the problems with anthropology, its colonial history, its current uses for power, and looking at some of the known radical alternatives).

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