But in the end what Obama did that is unforgivable is increasing centralization in a complex system.-- Taleb
My Uber driver, a Russian, dropped me at church. As I opened the door he said, "You are a Catholic?" "Yes," I said. "I am Muslim," he said. I was unsure of my response and finally said, "Yes, there are not many of us now." "Us?" he asked. "Yes. People who believe in God. We are a minority." He was still nodding when I closed the door.
The present is so full of lies, only the future historians can be the present's arbitrator. So, it now is the plan of the lying present to revise the past.
Regarding the Taleb quote above, are Trump's efforts at the economic manipulation any different?
8000 years ago there was a supernova reported by middle eastern astronomers. The Sumerians said it stimulated agriculture and writing.
Cacao Market
Extreme policies inhibit market functioning. By 1982, for example, Ghana had lost its historic domination of the world cacao market after centralized control meant that Ghanaian cacao exporters received only 6 percent of the world price of cacao. With so little incentive to produce, there were not many cacao exporters left. Moreover, those who tried to smuggle their product out of the country in order to find better prices faced the death penalty. This was but one example of the draconian controls of markets in Ghana that are associated with a steep decline in living standards in the decades after independence in 1957. After a drought in 1983 made things even worse, economic reforms to liberalize markets finally began — reforms that have been associated with healthy, positive growth.
But the elite always knows best.
My Uber driver, a Russian, dropped me at church. As I opened the door he said, "You are a Catholic?" "Yes," I said. "I am Muslim," he said. I was unsure of my response and finally said, "Yes, there are not many of us now." "Us?" he asked. "Yes. People who believe in God. We are a minority." He was still nodding when I closed the door.
The present is so full of lies, only the future historians can be the present's arbitrator. So, it now is the plan of the lying present to revise the past.
Regarding the Taleb quote above, are Trump's efforts at the economic manipulation any different?
8000 years ago there was a supernova reported by middle eastern astronomers. The Sumerians said it stimulated agriculture and writing.
Cacao Market
Extreme policies inhibit market functioning. By 1982, for example, Ghana had lost its historic domination of the world cacao market after centralized control meant that Ghanaian cacao exporters received only 6 percent of the world price of cacao. With so little incentive to produce, there were not many cacao exporters left. Moreover, those who tried to smuggle their product out of the country in order to find better prices faced the death penalty. This was but one example of the draconian controls of markets in Ghana that are associated with a steep decline in living standards in the decades after independence in 1957. After a drought in 1983 made things even worse, economic reforms to liberalize markets finally began — reforms that have been associated with healthy, positive growth.
But the elite always knows best.
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