Fake Knowledge One of great falsehoods of modern economics is that the profession has a strong way of measuring the economic benefits that the economy produces. The way they do it is by combining all economic transactions within a country in a calendar year, and call it the “Gross Domestic Product” (GDP). When a doctor [...]
Archive for the ‘Intellectual Fraud’ Category
Why GDP Cannot Be Used to Measure Economic Benefit
Posted in Intellectual Fraud on June 20, 2010 | 5 Comments »
Only A Socialists Would Refuse to Beat This Puppy
Posted in Globalization, Intellectual Fraud, tagged Conservative Values on March 17, 2010 | 1 Comment »
A real conservative would be prepared to beat this puppy. This is because conservatives have what it takes to “make the tough decisions.” Why Supporting Puppy Beating is Necessary to Prove Oneself Every so often I hear the values of conservatives and proponents of capitalism. I hear that its important to support the following things: [...]
How a Conservative Economist Would View Rape
Posted in Capitalism, Intellectual Fraud on February 17, 2010 | 1 Comment »
The Warning by Frontline covers some of the obvious illicit activities that lead the financial crisis, and demonstrates that if even a bit of common sense had been used we could have avoided the meltdown. Background There is a very interesting segment on a Frontline episode called The Warning which is on the precursors to [...]
Ricardian Trade Theory Misappropriated by Corporations
Posted in Globalization, Intellectual Fraud on December 15, 2009 | 1 Comment »
David Ricardo was the originator of the trade theory which is referred to as comparative advantage. This book, Principles of Political Economy, introduces the theory of comparative advantage. According to Ricardo’s theory, even if a country could produce everything more efficiently than another country, it would reap gains from specializing in what it was best [...]
Hoover Institute Does Fake Interview With John Bolton
Posted in Intellectual Fraud, tagged Hoover Institute on June 13, 2009 | Leave a Comment »
Was This Interview Produced by Bechtel or Haliburton? We actually found this clip just by accident, but it shows the problem we have with FloraTV. This is John Bolton, who is a Bush Administration bag man being interviewed by the Hoover Institute, which is a fake research institute that sits on the Stanford campus. See [...]
Stanford has a Taste for Facsism – and Condi
Posted in Intellectual Fraud, Think Tanks, tagged Condoleeza Rice, Donald Rumsfeld, Hoover Institute, Milton Friedman, Stanford on May 4, 2009 | 1 Comment »
Stanford seems to be trying to monopolize the acquisition of people who are both evil and consistently wrong. They recently re-hired Condoleeza Rice as a professor and set her up as a Senior Fellow at the Hoover Institute. Largely regarded as “a hand puppet” with very few original ideas, and willing to repeat almost any [...]
Stock: An Unnecessary Illusion
Posted in Intellectual Fraud, Media Corruption, Stock Market on January 11, 2008 | 1 Comment »
Most people seem to feel they intuitively know what stock is. However, the real features of stock and their affect on the creation and maintenance of companies and economies is rarely if ever critically analyzed. This article will take the unusual approach of asking “what is a stock?” One of the most unusual things about [...]