Economics 00000001 Or The Revenge Of The Ninjas

Excellent piece!
I have been sopunding this alarm everywhere I can ever since I became aware of it
This information in this article needs to be known and acted upon by everyone who is in the grasp of the Banksters (Gangsters)

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"When I tell the truth, it is not for the sake of convincing those who do not know it, but for the sake of defending those that do."

William Blake

I don't know that much about economics, but even I did see the Euro bank's throwing 70 Billion Euros of cash at the problem as a bad idea. Mainly because all it is is newly printed worthless paper.

But I love the idea of Ninjas. Flying Ninja Monkeys, specifically.

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The preceding comment deals with mature subject matter, however immaturely presented. Viewer discretion is advised.

When I discovered that neoclassical economics were a fraud in 1985, I made the following definition:

"Neoclassical economics are the science for the alchemic conversion of silk purses into sows' ears"

Never had any reason the change this definition in 22 years and, if anything, the protagonists of this idiocy are getting crazier and more crooked by the minute.

How long is the world going to permit them to keep going on with this crime wave against the environment and humanity?

Ed Deak.

I am no expert in economics either, but I am learning slowly but surely. "Wealth can not be created, only taken" as our friend Ed Deak keeps telling us, is starting to sink in. The system that gave us disposible income created disposible people, capitalism can not work any other way.

Human life and progress is possible only in a world that is ecologically sustainable and in which human needs comes before profit. For centuries now capitalist greed has been the motivating force behind slavery, racism, colonialism, imperialism and wars. 'Mammon is the root of all evil' it says somewhere in the Scriptures. You never hear the fundamentalist Christians quote this verse. The reign of barbaric capitalism must end if humanity is to survive.

"Costs can not be cut, only transfered" is another brilliant quote from Ed Deak. Think about it. Until we change how money works, we change nothing.

As long as I'm on the pedestal, I might as well exploit the opportunity to post my 1991 Principle....once again. The purpose of the copyright was only to establish the date, officially. I have no financial interest in it and anybody is welcome to use it.

I wish I could have a debate with Tommy on this subject and cut him to pieces.

Now off to town on our biweekly shopping trip.

Cheers, Ed.
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A PRINCIPLE FOR THE APPLICATION OF PHYSICAL EFFICIENCY TO ECONOMICS.
By Ed Deak.

"THE REAL, OR PHYSICAL COSTS OF A PRODUCT, OR SERVICE ARE CONSTANT."
An efficient product contains physically efficient or ideal amounts of energy and matter, regardless of numerical or monetary considerations.
Monetary "cost efficiency" can not exist outside the concepts of physical efficiency and becomes cost transfer on other sectors. Therefore it is not efficiency but temporary convenience.

1. Everything and everybody on earth is bound by physical laws.
2. The science, planning and the acts of production are based on physical laws, therefore economic principles must also follow them.
3. "Matter and energy can not be destroyed, only transformed". Both began in and continue into eternity, therefore monetary costs are momentary "subtotals" in continuous columns, without the possibility of "bottom lines". Our environmental and human disasters are caused by arbitrarily located subtotals falsely used as bottom lines by special interests, leaving unaccounted liabilities.
4. Because of the eternal qualities of matter and energy, we don't know the cost of anything and ignorantly use subtotals, like the monetary costs of extraction, to create delusions of well being.
5. In physics "Efficiency is the most output for the least energy input".(Energy=matter). Economists conveniently substituted the word "money" for "energy", which permits the predetermination of equations and causes environmental and human destruction.
6. Measuring instruments and parameters must be permanently defined and of constant values, protected by agreements and laws.
7. Monetary value can not be permanently defined. Money is a speculative commodity under special interest control, an asset to the holder and liability to the issuer. It is infinitely and unpredictably variable, with corrupted conversions. Therefore it's use as economic measure is contradictory, unscientific, immoral and illegal.
8. The premise that huge production runs etc. are "cost efficient" is false, because it refers only to perceptions of temporary monetary benefits to special sectors, while transferring real and monetary costs on others through erroneous, or fraudulent accounting.
9. In physics "Mass increases with speed", e.g. to double the speed of a boat,the energy input may have to be squared. The speedup of production also uses inefficient inputs of capital, energy/matter and creates cost transfers on the environment and humanity.
10."For every action there's an equal reaction". Overcapitalized massproduction creates temporary benefits to a few with the distribution of research, development & administration costs, but multiplies transferred costs in inefficient, forced urbanization, pollution, enslavement, health & mental problems, violence, crime, stress, time & capital waste from commuting, taxation, etc. ad infinitum.
11.The "Gross Domestic Product" and "Productivity" are false concepts to permit the accounting of liabilities as assets.
12.Our economic systems are based on the misuse of words, concepts, mathematics and accounting. No sane person wishes to go back to primitivism or musclepower, but there must be new, democratically controlled determination of when, how far and for whose benefit convenience may, or must overrule the concepts of true efficiency within the recovery capacity of the environment and humanity.

Copyright 1991 by Ed Deak, Box 9, Big Lake Ranch PO. BC. VOL 1GO, Canada. Phone:(250) 243-2263, Email: thinker@this1.ca



































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I heard about a study you might be interested in Ed. Can't find it on the 'net, but I'll keep looking.

Basically, it calculated how much 'work' is done by nature, (that we get for free) vs how much it would cost to do those process ourselves. EG: Filtering CO2 from the air and returning it as O2, or decomposing organic materials (dead trees/animals back into soil).

The figure was staggering, thousands of trillions of dollars. That would be a direct comparison to your lessons on how much value we 'take' from the environment through things like dragnet fishing or clearcut logging.

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The preceding comment deals with mature subject matter, however immaturely presented. Viewer discretion is advised.

It would be interesting to see it, and I would like to pass it on to some of my scientist friends.

Of course, economists and politicians would scream in horror as the only thing they can recognize with their miseducated and brainwashed heads is the phoney GDP, which the environment can not provide.

The way calculations are done now is the most waste gives us the highest GPD. The more accidents we have, the more natural disasters, the more illness, the more the environmental destruction, the higher the GDP and the more the "economy is booming"

Ed Deak.

I found something to whet your appetite!<br />
<br />
<a href="http://www.ecosystemvaluation.org/">http://www.ecosystemvaluation.org/</a><br />
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Specifically:<br />
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<a href="http://www.ecosystemvaluation.org/cost_avoided.htm">http://www.ecosystemvaluation.org/cost_avoided.htm</a><br />
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The branch of Economics I'm looking into is called 'Environmental Liability'.<p>---<br>The preceding comment deals with mature subject matter, however immaturely presented. Viewer discretion is advised.<br />

The book I think I want to find is:

"Freeman, A.M. III, 2003. The Measurement of Environmental and Resource Values: Theory and Methods. "

Quote: "The economic concept of value employed here has it's foundation in neoclassical welfare economics. The basic premises of welfare economics are that the purpose of economic activity is to increase the well-being of the individuals who make up the society, and that each individual is the best judge of how well ho or she is in a given situation. . . . The basis for deriving measures of the economic value of change in resource-environment systems is the effects of the changes on human welfare. "

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The preceding comment deals with mature subject matter, however immaturely presented. Viewer discretion is advised.

A web wandering yeilded<br />
<a href="http://www.powells.com/biblio/65-0520225147-0">http://www.powells.com/biblio/65-0520225147-0</a><p>---<br>"When I tell the truth, it is not for the sake of convincing those who do not know it, but for the sake of defending those that do."<br />
<br />
William Blake<br />
<br />