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Showing posts from May, 2024
  Review of The Ghost at the Feast: America and the Collapse of World Order, 1900-1941. Robert Kagan. 2023. Kindle online sample. Section 2. On the eve of World War I the British ambassador, Cecil Arthur Spring Rice, had to explain to his puzzled colleagues AMERICANS LIVED ON A CONTINENT THAT WAS “REMOTE, UNCONQUERABLE, HUGE, WITHOUT HOSTILE NEIGHBORS.” They therefore enjoyed an “unvexed tranquility,” free from the “contentions and animosities” that were part of the everyday existence of Europeans. These unique circumstances had an impact not only on America’s foreign policies but on American society and governance. The other powers had no choice but to spend large portions of their national incomes arming themselves for the constant possibility of war. … AT THE BEGINNING OF THE 1900s: -Russia’s peacetime army numbered almost 2,000,000 -Germany had 600,000 men under arms -France had 575,000 -Austria-Hungary, a second-rank power, had 360,000 Even the British, who lived on an island and
  The dem socialists have become much less dull and boring… thinking of a list of things to do in reaction to the Trump’s conviction: -be fired up not mired down -vote for Trump and All Republicans -donate to Trump and All Republicans -attend Trump and All Republican rallies -boycott NY especially NYC, avoid going there -move out of NY state if have been contemplating, let the Dems have and pay for zeir degrowth communism paradise -boycott DC -move out of the DC area if have been contemplating -boycott Hollywood, read more and watch TV and movies less, dem socialists want We to be in a state of negative and passive neurosis and stupor -protest but avoid physical violence, obey laws, cooperate with the police -if now on the edges become a Republican -keep repeating facts of trial -be friendly with but avoid Dems
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  Degrowth communism, details ChatGPT: Degrowth communism is an economic and political theory that combines principles of degrowth with those of communism. Here are the key details of this concept: -Degrowth Principles Reduction of Economic Activity: Degrowth advocates for a deliberate downscaling of production and consumption to achieve sustainability and reduce ecological impact. Focus on Well-being: Emphasizes human well-being and ecological health over economic growth and material wealth. Simplicity and Sufficiency: Promotes a simpler lifestyle that meets basic needs without excessive consumption. Communism Principles -Collective Ownership: Communism calls for the collective ownership of the means of production, eliminating private property and capitalist profit motives. Classless Society: Aims to establish a classless society where wealth and power are distributed equally among all people. Economic Planning: Centralized or decentralized planning t
  Today's HAT Manifesto Part 3/3 edit section: Quote from article above “China’s objective is to destroy the United States .” In the 1960s Mao crashed and burned trying to Bolshevik-style go directly to actual his boss Satan’s desired Kim-North Korea model All-in-prison total-misery-control actual final goal of Communism first in China then entire world. Current XiChina has the same end goal, but knows it will only happen using Menshevik-style go slow. Deng Xiaoping and fellow Old China politburo mafioso in the 1970s realized his ruling Chinese Communist Party (CCP) dictatorship must fortify itself, strengthen its grip and pour a strong foundation before it can attack and blanket itself fully over China, and then project zat oll over the U.S. and All Earth. Monopolist Communist quark shapeless-form Deng and underlings wanted to strengthen China’s economy not to improve the welfare of the Chinese people, which had to happen incidentally, but rather to increase zeir power and hold on
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  Mostly summarized from Gregory Mankiw’s Principles of Economics, 5th Ed. PART 2 How Markets Work Chapter 5 of 36 Elasticity and Its Application Section 4 of 19 … The four general factors of determination of price elasticity of demand are: 1· Availability of close substitutes Goods with close substitutes have more elastic demand because it is easy for consumers to switch to substitutes. For example butter and margarine are substitutes. A small increase in the price of butter causes the quantity of butter sold to fall by a large amount, this is elastic demand. Because eggs have no close substitute, the demand for eggs is less elastic than the demand for butter. … 2· Necessities versus luxuries Necessities have inelastic demands, if the price rises people will consume only a little less. When the price of a doctor visit rises the quantity of doctor visits demanded will not fall much. Luxuries have elastic demands, if the price rises people will consume much less. When the price of sailb
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  Mostly summarized from Gregory Mankiw’s Principles of Economics, 5th Ed. PART 2 How Markets Work Chapter 5 of 36 Elasticity and Its Application Section 3 of 19 … Consumers usually buy more of a good when · its price is lower · the prices of substitutes for the good are higher · the prices of complements of the good are lower · their incomes are higher … To measure how much consumers respond to changes in these variables, we use the concept of price elasticity. In Figure A: On the left panel A1, large price increase from P1 to P2 results in relatively small decrease in quantity demanded from Q1 to Q2, this is a case of inelastic demand. On the right panel A2, small price increase from P1 to P2 results in relatively large decrease in quantity demanded from Q1 to Q2, this is a case of elastic demand. For example: Inelastic demand is when price charged increases by 1% the quantity bought decreases by less than 1%. Elastic demand is when price charged increases by 1% the quantity bought d
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  Review of The Ghost at the Feast: America and the Collapse of World Order, 1900-1941. Robert Kagan. 2023. Kindle online sample. Section 1. From book introduction: At the dawn of the twentieth century, the United States was one of the world’s richest, most populous, most technologically advanced nations. It was also a nation divided along numerous fault lines, with conflicting aspirations and concerns pulling it in different directions. And it was a nation unsure about the role it wanted to play in the world, if any. AMERICANS WERE THE BENEFICIARIES OF A GLOBAL ORDER THEY HAD NO RESPONSIBILITY FOR MAINTAINING. Many preferred to avoid being drawn into what seemed an ever more competitive, conflictual, and militarized international environment. However, many also were eager to see the United States taking a share of international responsibility, working with others to preserve peace and advance civilization. … The story of American foreign policy in the first four decades of the twentie
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  Mostly summarized from Gregory Mankiw’s Principles of Economics, 5th Ed. PART 2 How Markets Work Chapter 5 of 36 Elasticity and Its Application Section 2 of 19 … Consider when some event drives up the price of gasoline in the United States such as · a war in the Middle East reduces supply of oil · a booming Chinese economy boosts the world demand for oil · a new tax on gasoline enacted by Congress, reducing demand How much would consumption of gasoline fall? This can be answered using a concept called elasticity. … Elasticity is a measure of how much buyers and sellers respond to changes in market conditions. Many studies have examined consumers' response to gasoline prices. They typically find the quantity demanded responds more in the long run than in the short run. A 10% increase in gasoline prices today reduces gasoline consumption by · about 2.5% after a year · about 6.0% after five years About half of the long-run reduction in quantity demanded is because people drive less