If Newton had even reformulated Kepler's laws by inversion to produce the gravity inverse square formula, it would at least be somewhat of an accomplishment. But he did not. He stole this from the Royal Society "gopher" Robert Hooke. This, of course, is in keeping with his nonsensical claim to be the inventor of the calculus.
Now, here we have arrived at the denouement of applying a wretched philosophy to our economy fully in keeping with Newton's avatar John Locke. It is quite lawful that he (Newton)wound up as the chief bean counter in Britain. For what else monetarism but an alchemical belief in the magic of the market place, fit for a predecessor of Aleister Crowley?
However, as Leibniz informs us, the world is so constructed that we can be rescued from the economic pendulum in the pit, as if by a miracle, so long as we apply our native ingenuity to do the good and throw off the mental shackles which bind us, lo these many years.
Sunday, December 28, 2008
Wednesday, December 17, 2008
The Fed's Insane Madhatter Gambit
The problem here is the simple inability to fess up by Mr. Krugman, et al. that we have been living in a chimerical, nightmarish fairyland of post industrial/information age/consumer driven false economy for lo these many years since the 1960s. It is now come tumbling down. Alas, wheelbarrows full of greenbacks won’t put us back to the direction of a technologically vectored producer oriented economy. This sad nostrum is as old as mud and a lot more toxic. Weimar, anyone?
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