Gravity's Rainbow

botany, shoes, books, and justice

January 27, 2014
by sarcozona
0 comments

All markets must be perfectly competitive (whereas most of ours are not); if such a world existed, the requirement of perfect competition would rule out any division of labor or long-run economic growth.

There must be an infinite number of futures markets?— one for every good in existence, delivered at every future date, for the rest of time. And yet, in the model, time doesn’t really exist: all economic decisions for all of human history were made in an auction at the beginning of the world.

Moreover, far from being harmonious, this theoretical world has been discovered to be chaotic?— perpetually in random motion, never actually arriving at any of its “optimal” configurations except by accident. This finding alone nullifies the very meaning of the theory.

Ackerman & Beggs in Jacobin.

Stuff worth reading

I’m writing a book called Weapons of Math Destruction
I want this book

Michael Klare: The Death of Peak Oil?
If only peak oil had come in time to save us from climate change

Dating After Divorce – Dating Advice
Sometimes relationships change

The Marxist plot against West Virginia

Words to live by

Beautifully Accurate Glass Sculptures of Deadly Viruses
Extraordinary

Being a Human Guinea Pig and Digging into Clinical Research: Food and Histamine, Mast Cells and Migraine
Migraine triggers include eating.

One problem with geoengineering: Once you start, you can’t really stop.
We have to stop pumping carbon into the atmosphere

Freedom Industry
Freedom to, freedom from

Unaffordable Housing and Uncomfortable Trade-offs

Little Boxes on a Hillside
“We’re still building for kings and dictators” Where’s the rent control?

Robert Reich: Why The Republican’s Old Divide-and-Conquer Strategy Is Backfiring
“sudden and unexpected poverty has become a real possibility for almost everyone” Solidarity

Jeremy Brecher: Discovering a Legal Tool to Curb Climate Change
Unto the third and the fourth generation

The Unlearnt Lessons of Iraq

January 20, 2014
by sarcozona
0 comments

Blacks had tied themselves to the Republican party, the party of Lincoln and civil rights laws. The Democrats were the party of slavery and segregation. As Goodwyn puts it, “in an era of transcendent white prejudice, the curbing of ‘vicious corporate monopoly’ did not carry for black farmers the ring of salvation it had for white agrarians.”

1892. From Howard Zinn’s A People’s History of the United States