Category Archives: Uncategorized

Glocal Econ 10: Vulture Funds and Flying Monkeys

Glocal Economics 10: Random Notes and WoD Questions Definition of Economics: A system of incentives and disincentives through which a community governs itself without resorting to physical force. A community can be a world, a country, a state, a county, … Continue reading

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Glocal Econ 9: Ponzi Schemes and Petrodollars

Questions for Chapter 20: Hedge Funds and Derivatives: A Horse of a Different Color What’s the difference between a hedge fund and a margin account? How do hedge funds make “absolute returns” (like absolute numbers in math) that make a … Continue reading

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Glocal Econ 8 – Bear Raids and Hedge Fund Hogs

Q’s for Chapter 17 – Wright Patman Exposes the Money Machine Wright Patman saw big business, chain stores, and tax-exempt foundations as complicit with the Fed in opposing farmers and small businesses. Are these considered Main Street? Is there a … Continue reading

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Glocal Econ 8: Locked Stocks and (Over a) Barrel – How Finance Controls Trade

Homework Due: Reading: Web of Debt, Ch. 17, 18 & 19 Audio: Smithy’s Wizards of Money episode 8 – Trading Nature & Cooking the Books (transcript here) Video: Life and Debt On Life and Debt, a Bermudian named Christian Dunleavy … Continue reading

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Political Theater and the Spell of Money

In this very good short article on Common Dreams, Dennis Kucinich writes that┬áDebt Political Theater Diverts Attention While American Wealth is Stolen: We have to realize what this country’s economy has become. Our monetary policy, through the Federal Reserve Act … Continue reading

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Glocal Econ 7: Water Slipping Through Our Fingers Like Money

Homework due: Reading: Web of Debt Ch. 14, 15 & 16 Audio: Wizards of Money 7 – The Money Cycle vs. the Water Cycle: transcript Video: Blue Covenant: Maude Barlow and the Water Crisis Q’s for Ch. 14 – Harnessing … Continue reading

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