Adam Smith, Wealth of Nations, Content Introduction Chapter 1. Of the Division of Stock Chapter 2. Chapter 3. Chapter 4. Chapter 5. Introduction Chapter 1. Chapter 2. Chapter 3. Part 1. PART 2. CHAPTER 4. CHAPTER 5. CHAPTER VI Of Treaties of Commerce CHAPTER VII Of Colonies PART 1 Of the Motives for establishing new Colonies PART 2 Causes of Prosperity of New Colonies PART 3 Of the Advantages which Europe has derived from the Discovery of America, and from that of a Passage to the East Indies by the Cape of Good Hope CHAPTER VIII Conclusion of the Mercantile System CHAPTER IX Of the Agricultural Systems, or of those Systems of Political Economy which represent the Produce of Land as either the sole or the principal Source of the Revenue and Wealth every Country
The Great Domain of Cost-Plus: The Waste Production Economy The mainstream Left faults corporate capitalism for planned obsolescence, waste, and general excess — but usually misses the statist root of the problem. Kevin Carson, though, consistently strikes it. His eleventh research study for the Center is now available for download: The Great Domain of Cost-Plus: The Waste Production Economy [PDF] Cost-Plus: The Waste Production Economy By Kevin Carson “Mass production requires running machinery at full speed to minimize unit costs, without regard to preexisting demand. This “ready to print” version of Cost-Plus was created by Invisible Molotov. Invisible Molotov is a market anarchist zine distro & publishing house. Translations for this article: Portuguese, O Grande Domínio do Custo Acrescido: A Economia de Produção de Desperdício.
Finance for Physicists Finance for Physicists This page arose because I am often asked for advice and suggestions about how to prepare for, and get a job on Wall Street as a quantitative analyst. Everything here is subjective and personal opinion, but I hope that you will find it useful. I've listed some educational resources, ways to start looking for jobs, and provided some links to differing perspectives on the way in which quantitative modeling has influenced the financial crisis. What do physicists actually do on Wall Street? Risky business on Wall Street? Physics with finance at the University of Illinois at Urbana-Champaign In order to provide a cheap and easy way for physics students at my home institution to become knowledgeable in finance, I created a course option that yields a Masters in Finance for Physics students. Courses at other universities There are many courses offered in computational finance at academic institutions. Job hunting on Wall Street Books J. E. Getting a job Getting a job: Interviews
STUDY: The Market, Not Government, Is The Worker’s Friend FOR IMMEDIATE RELEASE 09/30/10 POC Thomas L. Knapp media@c4ss.org 530-618-C4SS September 30 – In the Center for a Stateless Society’s latest study, “Labor Struggle: A Free Market Model,” C4SS Research Associate Kevin Carson examines the role of state labor regulation in halting the progress of unionism and explores the real source of pre-Wagner Act gains for labor: Direct action and worker solidarity in the face of combined state and corporate power. “The predominance of the conventional strike as we know it, as the primary weapon of labor struggle,” writes Carson, “is in fact a byproduct of the labor relations regime created under the Wagner Act. … In the system of labor relations extant before Wagner, strikes were only one part of the total range of available tactics. The Center for a Stateless Society is a project of the Molinari Institute, dedicated to building public awareness of, and support for, market anarchism. -30- about 210 words
Commanding Heights : Jeffrey Sachs | on PB The Rich Nation/Poor Nation Gap INTERVIEWER: The demonstrators at Seattle in Washington seem to see the world as a frightening place. What are they afraid of? JEFFREY SACHS: Globalization has clearly raised lots of different kinds of concerns that the world is not a very fair place right now. There are incredible inequalities of rich and poor, and that's what brought some people out on the streets. Others are more narrowly focused on their own jobs -- are they going to lose them in a world of free trade? INTERVIEWER: You were in Seattle yourself. JEFFREY SACHS: I saw the demonstrators ... on the streets. INTERVIEWER: One of the big things that you referred to is the gap between the rich countries and the poor countries. JEFFREY SACHS: The world is more unequal than at any time in world history. It happens that the real success stories, those countries that we now call the developed economies, were the high-income economies or, somewhat of a misnomer, the industrialized economies.
Serious Inflation Signs in PPI Numbers "There’s really nothing here to shake my view that deflation, not inflation, is the threat." -Paul Krugman in the New York Times on November 7, 2010. There is simply no way to interpret the current Producer Price Index data other than price inflation continues to trend higher. Those Keynesian economists such as Krugman, who have been warning about deflation and disinflation, are being proved wrong in dramatic fashion. The PPI for finished goods rose 0.8 percent in January, seasonally adjusted, the U.S. At the earlier stages of processing, prices received by manufacturers of intermediate goods moved up 1.1 percent (a 13.2 per cent annualized rate), and of greatest concern the crude goods index rose 3.3 percent (a 39.6 annualized rate). For the 3-month period ended in January, crude material prices climbed 11.5 percent after moving up 8.8 percent from July to October. Even Nixon's core inflation came in at 0.5 per cent, an annualized rate of 6.0 per cent.
Paying the top DIGG/REDDIT/Flickr/Newsvine users (or "$1,00 When Brian and I started Weblogs, Inc. the idea of paying bloggers–heck, even making money from blogging–was considered offensive to many. Blogging was, as the case was stated, a highly personal activity that should not be trivialized by the forces of commerce and greed. I don’t have a complicated relationship with money or capitalism: I love them both and see them as simply as fuel and the process by which fuel is produced. Money to me means time, time means quality, and quality means success. Quality. That single factor is what determines the winners in our business. Today we have around 200 bloggers on the Weblogs, Inc. payroll. Talented people’s time in our society is primarily engaged with money. Talent wins, and talent needs to get paid. Before launching the new Netscape I realized that Reddit, NewsVine, Delicious, and DIGG were all driven by a small number of highly-active users. Excellent… excellent (say that in a Darth Vadar/Darth Calacanis voice for extra impact).
QE2 Fuels a Global Fury - Mark Thornton The Federal Reserve has been busy the last three months pumping up the money supply by $300 billion dollars, with much more promised in the months ahead. Some of the results have been painfully predictable, others less so. Fed chairman Ben Bernanke said he did this to stimulate housing and employment. The unemployment rate has fallen in recent months, but most market analysts are skeptical that the statistical improvement is real or lasting. The headline numbers on housing also appear good, with building permits increasing 16.7 percent in December. However, units actually "currently under construction" came down by the same amount, 16.7 percent. Even the improvement in building permits indicates continuing trouble. Also, the number of permits issued in December 2010 was 7 percent less than in December of 2009. One factor weighing on the housing market was interest rates. The price of everything seems to have skyrocketed. Comment on the blog.
David Levines Economic and Game Theory Pag The Khazars, Magyars, Rothschilds and Sumer. (David Icke Guide To The Global Conspiracy) « Zionism (Rothschild-ism): the fake ‘history’ The movement created by the Rothschilds to lay false claim to the land we call Israel or Palestine is known as Zionism. This term is often used as a synonym for Jewish people when it is actually a political movement devised, funded and promoted through the House of Rothschild and opposed by many Jews. The most visible Zionist front in the United States today are the so-called ‘Neoconservatives’ or ‘Neocons’, who were behind 9 /11 and the invasions of Afghanistan and Iraq. Zionists claim quite simply that the Old Testament says that ‘God’ made the Jews his ‘Chosen People’ and gave them the ‘Promised Land’ of Israel. Therefore, it belongs to them, no debate necessary. In about AD 740, the King of Khazaria, King Bulan, adopted the religion of Judaism and the whole nation did the same. As to the Khazars, they are to the north of the inhabited Earth towards the 7th clime, having over their heads the constellation of the Plough. Sumerian ‘Jews’