I think you have returned to Japan
after their recent small tsunami and large aftershock.
I have been thinking creative thoughts though not artistic ones.
I have an hypothesis.
Political organizations hate and fear the practice of political philosophy.
The study of political philosophy
(http://en.wikipedia.org/wiki/Political_philosophy)
is the study of orthodoxies. That is respectable and encouraged.
The practice of political philosophy results in either great uncertainty as to the legitimacy of present political organizations or to new political organizations with different supporting axioms.
http://en.wikipedia.org/wiki/Political_philosophy
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Political philosophy can also be understood by analysing it through the perspectives of metaphysics, epistemology and axiology. It provides insight into, among other things, the various aspects of the origin of the state, its institutions and laws.
Contents
- 1 History
- 2 Contemporary political philosophy
- 3 Influential political philosophers
- 4 See also
- 5 References
- 6 Further reading
- 7 External links
Krugman today:
Lost Decade Watch
Along with its new policy pronouncement, the Fed released its economic projections
(pdf). What struck me is that the Fed expects the unemployment rate to
be well above its long-run level even in the fourth quarter of 2015,
which is as far as its projections go.
This means that the Fed is projecting elevated unemployment nine full years after the Great Recession started. And, of course, the Fed has been consistently over-optimistic.
This is an awesome failure of policy — not solely at the Fed, of course.When I wax caustic about Very Serious People, bear this in mind. Faced with an economic crisis where textbook macroeconomics told us exactly how to respond, people of influence chose instead to obsess over budget deficits and generally punt on employment; and the result has been a huge economic and human disaster."
This means that the Fed is projecting elevated unemployment nine full years after the Great Recession started. And, of course, the Fed has been consistently over-optimistic.
This is an awesome failure of policy — not solely at the Fed, of course.When I wax caustic about Very Serious People, bear this in mind. Faced with an economic crisis where textbook macroeconomics told us exactly how to respond, people of influence chose instead to obsess over budget deficits and generally punt on employment; and the result has been a huge economic and human disaster."
Europe and the GOP are barking mad.
Kleptocracy rules.
I will look more and post again today.
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