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Created
Tue, 14/03/2023 - 21:14
Mainstream economics is at its core in the story-telling business whereby economic theorists create make-believe analogue models of the target system – usually conceived as the real economic system. This modelling activity is considered useful and essential. Since fully-fledged experiments on a societal scale as a rule are prohibitively expensive, ethically indefensible or unmanageable, economic […]
Created
Tue, 14/03/2023 - 15:51
I remember reading at some impressionable age that there was “no such thing as writer’s block”. I don’t recall the context, but I’m guessing it was the same as my friends who said “there’s no such thing as jetlag”: a small crucifix to wield at the devil itself, rather than a statement of fact. I […]
Created
Tue, 14/03/2023 - 14:05

A growing body of evidence suggests that the US would blow up the global economy to prevent China from laying claim to Taiwan’s semiconductor factories. Former White House National Security Advisor Robert C. O’Brien has hinted at a sinister US contingency plan in the event of a Chinese invasion of Taiwan. Rather than see Taiwan’s semiconductor factories fall into the hands of the Communist Party of China, the US and its allies would simply pull a Nordstream. “The United States […]

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