Dive into the archives.
- “Graduate students do not learn supply and demand”
“The Ph.D. Glut Revisited” should be cause for sober reflection for all of you pursuing a PhD or planning to enroll in an advanced education program. To summarize:
The Ph.D. glut has existed since the fall of 1969. The number of entry-level full-time professorial positions has remained stagnant. Few new universities have been constructed. Legislatures [...]
- British Egypt and PNM Theory Part III
Part I | Part II
In Part II, we looked at what the British administration in Egypt achieved and promised to compare the aims of British policy in Egypt, their outcomes under occupation and after and analyze it in terms of PNM theory (connectivity and the 5 flows) and attempt to draw lessons from it for [...]
- How to make $148,000 without a college degree
The following was just forwarded to me by a fellow American living in Japan. Begin:
: : : : : : :
I’m American. My wife is Japanese. I had a lot of debt. I don’t have a college degree, but I had experience and looked for an IT job, and I found one. There [...]
- British Egypt and PNM Theory Part II
In my previous post, I gave a quick background on PNM theory and the British occupation of Egypt from 1882 to 1956. I then posed the questions: Was British intervention successful? And if so, could it be a valuable template for future intervention as related to PNM theory. So let’s look at the British occupation [...]
- The weak pillar of PNM
Came across this brilliant quote in Peter Drucker’s 1997 Foreign Affairs article The Global Economy and the Nation-State :
Since the early Industrial Revolution, it has been argued that economic interdependence would prove stronger than nationalist passions. Kant was the first to say so. The “moderates” of 1860 believed it until the first shots were fired [...]
- The Diversity of Economic Realities in Southeast Asia
I’ve traveled to four countries in Southeast Asia: Thailand, Malaysia, Singapore, and Cambodia. Singapore was highly developed, Malaysia moderately so; Thailand was developing fast, while Cambodia was undeveloped. I’m looking forward to observing Vietnam in just a few short days and seeing how it compares to the rest of the region.
How undeveloped was [...]
- Cue trade war
Better start stocking up on your maple syrup and NHL players: from CTV.ca
The latest World Trade Organization softwood lumber ruling opens the door for Canada to retaliate against the United States, the Department of International Trade said Monday. ... Canada is requesting authorization to retaliate against $200 million in U.S. goods. Arbitration will begin in [...]
- European Hypocrisy Adjustment
The EU has finally begun reducing its subsidies. I’m tempted to scold them for not doing so enough but this is a fine start, and that’s exactly what it has to be, the beginning of the phasing out of their agricultural subsidies.
Sugar firms welcome subsidy deal
Shares in European sugar firms have risen after the [...]
- Which “Wealth of Nations”?
After finally sitting down and reading Clausewitz’s classic On War I feel I should tackle another classic must read: Adam Smith’s The Wealth of Nations. For Clausewitz the Paret & Howard edition is probably the best, but what about Wealth of Nations? There are numerous versions out there, but which one is the “definitive” one? [...]
- The Many Flavors of the Social Welfare State
In both Europe and the United States, Capitalism and Socialism are portrayed as monsters and always in the extremes. Most Europeans are unaware of how America actually works just as most Americans are unaware of the many different versions of European socialism that exist. The social-welfare state exists through two main mechanisms: job protection and [...]
