Archive for Decembrie 2015

Crestinismul, un fenomen sincretic si fals

Decembrie 26, 2015

De ce Pastele mutabil nu este un eveniment istoric?


Adevaratul Pilat vs descrierea Crestina fictiva a acestuia


Epistole, dar niciun Iisus


Cea mai mare minciuna, a IV-a Evanghelie


Autorii Evangheliilor, naratori omniscienti sau autori de fictiune?


Betleem si Nazaret, fabulatii si revizii


Nazaret, un oras imaginar


Biserica, un sindicat al crimei


Some Thoughts on Thomas Piketty’s ‘The Question of Public Debt’

Decembrie 21, 2015

Ignorance is bliss, but sometimes it’s an outright curse.

Origin of Specious

capital_in_the_twenty-first_century_front_coverThis is a chapter of Piketty’s (in?)famous Capital in the Twenty-First Century.

There’s a lot I can say about Piketty’s main thesis, and I have in the past.

But it surprises me to see a book so popular with the ‘thinking’ left to include a chapter that seems to misunderstand the nature of public debt in so many ways.

It all contributes to my general feeling that Piketty represents the inaccurate and self-serving worldview peddled by financial vested interests in order to blind the public to the real possibilities of economic organization within the capitalist system. I can’t avoid the thought that Piketty is just more Mammon dressed up as lamb.

Here are some thoughts.

There are two main ways for a government to finance its expenses: taxes and debt.

Government spending isn’t financed by anything. The government pays for everything by crediting the non-government sector (employees, companies, foreign governments, etc.)…

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