Fresia58. The capitalist network that runs the world - physics-math - 19 October 2011. AS PROTESTS against financial power sweep the world this week, science may have confirmed the protesters' worst fears. An analysis of the relationships between 43,000 transnational corporations has identified a relatively small group of companies, mainly banks, with disproportionate power over the global economy. The study's assumptions have attracted some criticism, but complex systems analysts contacted by New Scientist say it is a unique effort to untangle control in the global economy. Pushing the analysis further, they say, could help to identify ways of making global capitalism more stable.
The idea that a few bankers control a large chunk of the global economy might not seem like news to New York's Occupy Wall Street movement and protesters elsewhere (see photo). But the study, by a trio of complex systems theorists at the Swiss Federal Institute of Technology in Zurich, is the first to go beyond ideology to empirically identify such a network of power. The Zurich team can. 1. Seven startling things most people still don't know about the national debt, banking and the money supply.
(NaturalNews) Most people, even smart people, know surprisingly little about the way money really works in Big Government. With the debt ceiling fiasco suddenly raising awareness of the possibility of a total global financial blowout, now seems like a good time to remind people of seven disturbing facts about money that are almost never acknowledge in the old media. Fact #1 - There is no FDIC insurance fund. The money at your bank is insured against loss by the FDIC's insurance fund, right? Nope. That's total fiction. There is no actual money in the fund. Why does this matter?
Fact #2 - There are no social security funds, either. When you pay social security taxes, all that money goes into a trust fund that's held for safekeeping until the day it pays you back, right? Ha! Fact #3 - The U.S. Here's a mind-boggling truth that most people just can't seem to get their heads around: The U.S. Fact #4 - The "balanced solution" isn't balanced. • The government theft of private retirement accounts. Omnipotent Government: The Rise of the Total State and Total War. VI: The Peculiar Characteristics of German Nationalism↩ 1.: The Awakening↩ German nationalism did not differ from other peoples’ nationalism until—in the late 1870’s and early ’80’s—the German nationalists made what they believed to be a great discovery.
They discovered that their nation was the strongest in Europe. They concluded that Germany was therefore powerful enough to subdue Europe or even the whole world. Their reasoning ran as follows: The Germans are the most numerous people in Europe, Russia excepted. The German nation enjoys the enormous advantage of occupying the central part of Europe. The German people are young and vigorous, while the Western nations are old and degenerate. The Germans are the best warriors.
It is therefore obvious that the German nation is predestined for hegemony. The first step of the new policy must consist in the reincorporation of all Germans now outside. 2.: The Ascendancy of Pan-Germanism↩ Edition: current; Page: [154] Glencore Beast File (HUNGRY BEAST) The Broken Window Fallacy. Posts on the Leamington Spa & Warwick Group. The world’s top 100 economies: 53 countries, 34 cities and 13 corporations.
Brazil set to oust Britain from Top 10 economies | Business | The First Post. Since 2005 Britain has dropped from fourth to seventh in the ranking of national economies. According to the Centre for Economics and Business Research, the country is set to drop out of the top ten by 2015 as Canada, India, Russia and China overtake. Much mournful commentary about the state of Britain, loss of prestige and influence is certain to follow. But the economic impact may be less significant than the psychological and diplomatic impact, warned Douglas McWilliams, Chief Executive of the CEBR. "Even after the end of Empire, the world's political agenda continued to be set by people with broadly the same cultural framework as the British.
But some of those who are increasingly setting the world agenda have a degree of post colonial resentment against the British. " McWilliams goes on to predict the British could find adapting to a world where economic, political and social decisions are made beyond the influence of British experience "traumatic".
Occupy Design: Visual Tools for the 99 Percent - Design. Launch Slideshow Last weekend, San Francisco, New York, and Washington, D.C. hosted spontaneous "Hackathons" to brainstorm how to use various platforms to help Occupy Wall Street. One of the ideas hatched was Occupy Design, a new website that gives a "visual language" to protesters across the country. Jake Levitas, a designer from San Francisco who's heading up the project, says it's a chance to fight back at media who characterize the movement as directionless. "These are people who have valid concerns grounded in reality and grounded in data that can be communicated visually," Levitas says.
The site provides big-think infographics that illustrate data on the wealth gap, symbols for overarching concepts like "justice" and "community," and practical signs to use on the ground like "toilet" and "landfill. " "There’s all this untapped potential for people who are extremely talented," he says. Want to get involved? Images courtesy of Occupy Design. The Impossible Hamster. 85085844-the-economy.jpg (JPEG Image, 609×609 pixels) - Scaled (98%) Europe's economies: Strong core, pain on the periphery. SETI-infographic-lo-quality.jpg (JPEG Image, 750×5562 pixels)
Freakonomics. Untitled. U.S. crackdown doesn't distinguish between Caribbean tax havens and Canada rluciw@globeandmail.com A tax crackdown by the United States has sent more than one million Americans and green-card holders living in Canada scrambling to figure out how to comply. The move is part of a push by the U.S. Internal Revenue Service (IRS) to make sure U.S. taxpayers are paying what they owe on foreign accounts. Unlike most countries, the U.S. requires its citizens to file annual tax returns based on their worldwide income, regardless of where they live. That means that people like Kerry Knoll's two teenage daughters, who have never had a U.S. address or earned a penny there but have dual Canadian and American citizenship, will have to file U.S. tax returns on accounts they hold in Canada and may face penalties.
"Suddenly we are being told that my daughter's savings account from her summer job is considered an illegal offshore account by the Americans, something that I find preposterous," Mr. Mr. 10 Lesser Known Economic Issues. Politics While not an economist in the traditional sense, I am very interested in the study of economics. While not everyone shares this level of interest, I believe people should have an understanding of economics as the field is so important to understanding the world that we live in. Though this list contains ideas that are controversial, it is not intended to promote anger or controversy. Rather, these entries were chosen to shed some light on lesser known, yet important economic issues facing our world, and give readers something to ponder. Also known as the Diamond-Water Paradox, the paradox of value is the contradiction that while water is more useful, in terms of survival, than diamonds, diamonds get a higher market price.
This paradox can possibly be explained by the Subjective Theory of Value, which says that worth is based on the wants and needs of a society, as opposed to value being inherent to an object. Khazzoom–Brookes Postulate Economics has many categories for “goods”. Steve Keen's Debtwatch. I’ve attended two conferences in two days where both the power and the impotence of the European Central Bank (EBC) have been on vivid display.
Its political power is considerable, both in form and in substance. At both seminars, the ECB speaker—ECB Board member Peter Praet at the first, and ECB President Mario Draghi at the second—spoke first, and then left. In form, the ECB has no need to defend its policies because it is unimpeachable in its execution of them. In substance, it does not even considering engaging with its subjects—I use the word deliberately—in open and robust discussion. The position of the economy in the environment is a shared blindspot in economics: no existing school handles the topic well, and yet this is the key issue we need to understand.
Click here for the Powerpoint slides. Permanent link to this post (73 words, estimated 18 secs reading time) Click here to download the Powerpoint slides. Debunking Economics. BITCOIN. Getting Started with Bitcoin - We Use Coins. What is Bitcoin? Bitcoin: Currency of Resistance. Generate Bitcoin - Bitcoin Plus. It looks like you don't have Java installed. Please install java at Java.com You must have Java installed to use the bitcoin generator. If your browser asks you to run the applet, or to install Java, say yes. Waiting for Java applet to load... Step 1: Click "Start Generating"Step 2: Wait while your computer works (leave this page open)Step 3: Earn bitcoin It's that easy. Want the explanation? New: The bitcoin miner for websites is available. You are not logged in. Can I use multiple computers to generate bitcoin Absolutely. What does the speed mean? The speed is how many times per second you are trying to generate a payout.
Will this slow down my computer? No. Do I need to keep this page open to generate bitcoin? Yes. I generated a payout in 5 minutes but it says it takes 2.5 hours. Payouts are essentially random. Why does the payout change? The bitcoin network adjusts the difficulty of the puzzle approximately every 2 weeks. No. What is Bitcoin? - We Use Coins. BitMarket.eu. Testnet Faucet. Payout: Get 5 DoBits when you register at Bitcoin Bonus to bluemonkey | Bitcoin Bonus.
January 18th, 2013: We're working hard to bring you new functionality, it is planned for the site to return by May 2013. Bitcoin Bonus delivers rebates in the form of bitcoins when you utilize our referral links and codes to purchase your products and services. We have a wide variety of deals to provide you bitcoins, when you sign up based on our programs. Bitcoins will typically be delivered after a specified period of time has passed, and the bitcoin amount provided is based on the dollar value of the bitcoins on the day that the period ends. You will be able to see the status of each Bonus program you have signed up for and specify which bitcoin addresses you'd like to use. You can also donate your bonuses to charities that provide their bitcoin addresses here.
In order to take advantage of any of our incentives, you will need to sign up with a bitcoin address for the deposit to be provided when the rebate terms are met. Bitcoin Bonus relies on quotes from Mt. Bitcoin implodes, falls more than 90 percent from June peak. Bitcoin, the world’s first peer-to-peer digital currency, fell below $3 on Monday. That represents a 90 percent fall since the currency hit its peak in early June. Supporters argue that Bitcoin has fundamental advantages over conventional currencies. The system is designed to transfer funds without a central authority, freeing Bitcoin users from bank fees and government regulations. The Bitcoin protocol offers robust anonymity, and the protocol guarantees that there will never be more than 21 million Bitcoins in existence, which supporters have argued would give the currency a stable value.
Unfortunately, the currency’s value hasn’t proven stable in practice. Several waves of media coverage between April and June pushed the currency’s value up from less than $1 to more than $30. Trading resumed in late June at around $17, and the currency’s value has been steadily declining ever since. So is Bitcoin doomed? Mt Gox - Bitcoin Exchange Buy & Sell. My account - mining.bitcoin.cz. Bitcoin Monitor. Bitcoin P2P Virtual Currency.
Comparison of mining pools. Reward types & explanation: CPPSRB - Capped Pay Per Share with Recent Backpay. [1] DGM - Double Geometric Method. A hybrid between PPLNS and Geometric reward types that enables to operator to absorb some of the variance risk. Operator receives portion of payout on short rounds and returns it on longer rounds to normalize payments. [2] ESMPPS - Equalized Shared Maximum Pay Per Share. Like SMPPS, but equalizes payments fairly among all those who are owed. [3] POT - Pay On Target. A high variance PPS variant that pays on the difficulty of work returned to pool rather than the difficulty of work served by pool [4] PPLNS - Pay Per Last N Shares. Similar to proportional, but instead of looking at the number of shares in the round, instead looks at the last N shares, regardless of round boundaries.
PPLNSG - Pay Per Last N Groups (or shifts). A statistically valid analysis of some pools and their payout methods: Bitcoin network and pool analysis SPV Mining / Old Bitcoin Core References See also. Virtual currency: Bits and bob. Y)^_°(V) - How to get started using your GPU to mine for Bitcoins on Windows. (In a slight departure from my normal content…) Money for only running your computer!?
It's more likely than you might think! No referral pyramid scam shit, you can make as much money as you have computing power to devote. ***NOTE: Since the difficulty is very high, unless you have an ASIC mining device and/or a very significant aggregate hash rate (over several TENS OF Ghash/sec or more) you are probably going to spend more on electricity than you can recoup in mined bitcoins, even when mining in a pool!
If you have access to free electricity though, then there really is no argument against mining (aside from the *possibility* of shortening the lifespan of your graphics card(s)/mining hardware). For solo mining, you may end up waiting for many months/years to generate your own block and get 25 bitcoins (plus transaction fees), or use lots of electricity to maybe not ever generate a block at all Please make sure you are using the most recent drivers for your particular graphics card. 1. Y)^_°(V) - How To Set Up Pooled Bitcoin Mining In Windows. (Please Note: This guide is mostly up to date…. syntax and URLs may not be 100% correct, please extrapolate if you have to and let me know in the comments so I can try to fix stuff… Updated 4-10-13) So, you've read my previous article about using your GPU to mine for bitcoins, but now that the difficulty is starting to get high absurd, you may be having a hard time generating any bitcions on your own (especially if you have non-specialized hardware).
Never fear, there is a solution! NOTE: You really should take a look at my first article to make sure that your hardware is even capable of supporting opencl, and you should also be using the most recent version of the drivers for your particular graphics device. Also there is a bit of information on setting up Kiv's GUIMiner in my other guide, which will make setting up pooled mining even easier; I may further update this guide at some point. 1. 2. There are 4 boxes below threshold: Estimated, Unconfirmed, Confirmed, and Total reward. 3. 4. L019: Bitcoin P2P Currency: The Most Dangerous Project We've Ever Seen - Launch - Solid discussions of this piece on BoingBoing.net, Hacker News, Slashdot and Reddit. Rob Tercek has a follow up to this piece here. by Jason Calacanis and the LAUNCH team A month ago I heard folks talking online about a virtual currency called bitcoin that is untraceable and un-hackable.
Folks were using it to buy and sell drugs online, support content they liked and worst of all -- gasp! Bitcoin is a P2P currency that could topple governments, destabilize economies and create uncontrollable global bazaars for contraband. I sent the 30 or so producers of my show This Week in Startups out to research the top players, and we did a show on Bitcoin on May 10.
After month of research and discovery, we’ve learned the following: 1. What Are Bitcoins? 1. Each owner transfers the coin to the next by digitally signing a hash of the previous transaction and the public key of the next owner and adding these to the end of the coin. The benefits of a currency like this: Where Do Bitcoins Come From? Midas Bitcoin. The Billion Dollar-o-Gram 2009. Map: Depiction of unemployment growth. Capatlism. World. Aldous Huxley: The Mike Wallace Interview. Economics. LRB · Donald MacKenzie · How to Make Money in Microseconds. IMF loan to Egypt seen as bribe not bailout. What can America learn from Germany? Raising the roof on debt. Keiser Report — RT Programs. The keiser report.