"Untold History of the United States challenges the basic narrative of the U.S. history that most Americans have been taught.... [Such history] is consoling; it is comforting. But it only tells a small part of the story." Instead of clips of modern people pondering the past, Oliver Stone's ten-part series relies heavily on archival footage and clips from old Hollywood films, with narration by Stone. Towards the end, he gets into the assassination of JFK, "but that should not detract from a series that sets out to be a counterweight to the patriotic cheerleading and myth-making." [more inside]
Philip Pilkington writes for naked capitalism: The Origins of Neoliberalism Part I: Hayek's Delusion
Hayek’s entire ideology and career had begun to come apart in the 1930s. His theories were shown to be inconsistent in the academic journals of the time and the practical implications of those theories had shown themselves to be both discredited and dangerous. A man in such a position only has two choices: he can either completely re-evaluate his ideas which, if they were held with unshakeable conviction and constituted a core component of his emotional make-up, as seems to have been the case with Hayek, would have likely resulted in a mental collapse; or, alternatively, he can engage in a massive repression, shut out reality and construct around himself a fantasy world.[more inside]
Networks of the Hanseatic League - The Hanseatic League was a late-medieval network of economically largely independent long-distance trade merchants which was based on trust, reputation and reciprocal relations. The informal cooperation among its members kept transactional, informational and organizational costs low, allowing the Hanse merchants to make good profits from the long-distance trade between the Baltic and the North Seas. Thanks to personal and institutional links with confederations of towns, the Hanse merchants were initially able to strengthen their international position of power. Since the late 15th century, however, the transaction costs of long-distance trade increased as a result of growing exclusivity and formalization efforts in the Hanseatic league. Moreover, changes in the European economic structure, triggered by the discovery of America, and internal conflicts ultimately led to the disintegration of the Hanseatic networks.
Golden Buddha, Hidden Copper. "Twelve years after the Taliban blew up the world-famous Bamiyan Buddhas, a Chinese mining firm -- developing one of the world's largest copper deposits -- threatens to destroy another of Afghanistan's archeological treasures." Campaign to Save Mes Aynak.
GDP since Jesus. That headline is a big promise. But here it is: The economic history of the world going back to Year 1 showing the major powers' share of world GDP, from a research letter written by Michael Cembalest, chairman of market and investment strategy at JP Morgan. everything to the left of 1800 is an approximation of population distribution around the world and everything to the right of 1800 is a demonstration of productivity divergences around the world. [more inside]
Coming Apart: After 9/11 transfixed America, the country’s problems were left to rot. "No national consensus formed around 9/11. Indeed, the decade since has destroyed the very possibility of a common narrative."
Don't Make Excuses - Make Good! Between World Wars I and II, the U.S. economy was booming - workers had choices and employers competed for their time. How to motivate and gain loyalty from a labor force that knew it could walk out the door and find more work soon? Charles Mather, head of a family printing business in Chicago, offered employers a solution: the first motivational posters for the private workplace market. Printed between 1923 and 1929, Mather's "Work Incentive Posters" used strong imagery and short, clear messaging to encourage workplace values like teamwork, punctuality, safety, and loyalty. Today, some of his 350 designs can be seen in traveling exhibitions and poster galleries, and Antiques Road Show - or you can soak up some motivation from his modern-day successors at Successories - or generate your own. [more inside]
Click here? Was structuralism, the big idea of Claude Lévi-Strauss, more cult than science? Apostolos Doxiadis, Alecos Papadatos and Annie Di Donna – the team behind the bestselling graphic novel Logicomix – investigate.
Jared Diamond on the unique cultural and geological challenges Haiti has faced since its colonial days. Diamond shows how these reasons have caused the nation to fare considerably poorer than its neighbor, The Dominican Republic. [more inside]
In 2010, Obama will have a miserable year, NATO may lose in Afghanistan, the UK gets a regime change, China needs to chill, India's factories will overtake its farms, Europe risks becoming an irrelevant museum, the stimulus will need an exit strategy, the G20 will see a challenge from the "G2", African football will unite Korea, conflict over natural resources will grow, Sarkozy will be unloved and unrivalled, the kids will come together to solve the world's problems (because their elders are unable), technology will grow ever more ubiquitous, we'll all charge our phones via USB, MBAs will be uncool, the Space Shuttle will be put to rest, and Somalia will be the worst country in the world. And so the Tens begin.
The Economist: The World in 2010. [more inside]
The Economist: The World in 2010. [more inside]
NRW 1946—2006. Short articles chronicling North Rhine-Westphalia. The site has one rather large shortcoming though, the video clips cannot be accessed (only available on VHS within the State!).
Is history repeating itself? Note quite 2000 years ago, the Roman hegemony got its first black leader - a former senator whose father was African and mother was white. Septimius Severus inherited a failed military campaign in Iraq and an ailing economy. He first resolves the situation in Iraq, undertakes a number of new building projects, stamps out governmental corruption, raises taxes to pay for wage increases (and kicks British arse a few times). Ultimately though, it all might have only hastened the Empire's decline.
The Top Ten Things Environmentalists Need to Learn Unfortunately, many of those who claim to be working for environmental improvements lack an understanding of a few basic concepts which are absolutely critical to accomplishing anything. The idea that it is nessisary or honorable to make sacrifices to save this planet are overly simplistic and lack a true understanding of the forces at work. To use a phrase I have come to like, they are “Not even wrong.”
The currency of the New Economy won't be money, but attention -- A radical theory of value. It's with great hesitation that I post an article that refers to the Internet as "cyberspace", but I found this article revolutionary when I read it almost ten years ago. Does MetaFilter prove it right after all these years?
Party like it's 1892! "Executive power and patronage have been used to corrupt our legislatures and defeat the will of the people, and plutocracy has thereby been enthroned upon the ruins of democracy."* In the late 1800s, the Populist Party, or People's Party, formed to merge the Farmers Alliance message of economic empowerment for growers with the Knights of Labor's movement to check the growing power and corrupt practices of big business (along with the Greenbacks Party critiques of monetary policy). With a strong base in the midwest and south, the party earned 9% of the 1892 popular vote, won the presidential electoral votes of four states (not to mention electing 10 congressmen, 5 senators, 3 governors, and 1,500 state legislators). However the party's power quickly faded as the Democratic Party co-opted much of the Populist platform while internal disputes culminated in the Populists placing the Dems' 1896 nominee at the head of their own ticket. Nevertheless, the populist movement's influence continued to be felt through various 20th century reforms including direct election of senators, presidential term limits, and abandonment of the gold standard.
Anyone else remember Wired's theory of The Long Boom from 1997? I guess they were wrong.
The Top Economic Events of the Twentieth Century is an interesting list. It's good to know that people truly realize the economic importance of things like the Apple II and the Web browser.