From Economic Errors to GlobaLIES

Great Analysis

Mon, 30 Jul 2007 08:37:33 +0100

Umbra, You have obviously performed extensive research to write this article. I am very impressed with your content. Would the government ever report NNP to the general public? I had heard of it before, but never paid it much attention until you exposed it here in this article. When can we expect more writings from you? Thanks, M. Pressed - M. Pressed

Olde News

Sat, 04 Aug 2007 17:04:55 +0100

Well I am glad someone likes it but it is my second effort. Maybe second and a half since I modified it for this site. I wrote Economic Wargames in 1999 and it has appeared in various places. http://www.spectacle.org/1199/wargame.html http://71.6.196.237/fravia/creditca.htm Some people seemed to get it right away and others got bent out of shape over it. An economics professor at the University of Calgary called me a loony. Another in North Carolina said I was an idiot. But an economist in St. Louis said I was correct and the textbooks were wrong but he ceased communication after that. One brilliant intellect used to follow me around the internet accusing me of being stupid: http://www.landreform.org/pcgi-bin/word_config.cgi?noframes;read=86 ROFL Since I mention them in the original essay I emailed Lester Thurow at MIT and Robert Barro at Harvard and got no response. I have since emailed about 3,000 economists including Jeffery Sachs and only gotten 15 responses. I can\'t imagine the government bringing up this issue after all of these decades but there is no escaping physics. The bridge collapse in Minneapolis is an example of physical deterioration which in accounting and economic terms would come under depreciation. Depreciation must be compensated for or there is loss of wealth and in some cases loss of life. If the compensation had been done properly it would not have collapsed but the labor and material would have cost money. umbra - umbrarchist

Fixed Links

Sun, 05 Aug 2007 12:03:32 +0100

http://www.spectacle.org/1199/wargame.html http://71.6.196.237/fravia/creditca.htm http://www.landreform.org/pcgi-bin/word_config.cgi?noframes;read=86 Anyway I wrote the essay above with diagrams and arrows on the equations since so many people seemed to have trouble understanding Economic Wargames even though I thought it was quite comprehensible. um - umbrarchist

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Mon, 06 Aug 2007 13:45:19 +0100

I commend you on sticking to your guns. It\'s funny how some people let credentials get to their head and cloud logical thinking. - Jazz

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Sun, 30 Nov 2008 13:06:04 +0100

The Triumbrarate 911 Thoughts Bible Trek GlobaLIES - umbrarchist