Comments on: OLPC — Rest in Peace — Part 2 http://indianeconomy.org/2006/08/07/olpc-rest-in-peace-part-2/ Issues & insights Wed, 08 Feb 2012 06:33:25 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: GarGi Dixit http://indianeconomy.org/2006/08/07/olpc-rest-in-peace-part-2/comment-page-1/#comment-269556 GarGi Dixit Fri, 16 Jan 2009 16:46:05 +0000 http://indianeconomy.org/2006/08/07/olpc-rest-in-peace-part-2/#comment-269556 Can Austrian economics explain why Indian farmers are committing suicide? Yes, why not? And why do not you know that it is the government interventionism which almost banned the traditional seeds and forced GM seeds on farmers causing the havoc? <a href="http://www.reasonforliberty.com/reason/how-government-kills-poor-farmers-the-gm-genocide.html" rel="nofollow"><b>How Government kills Poor Farmers</b></a> <b>Government is the disease masquerading as the cure of itself!</b> Can Austrian economics explain why Indian farmers are committing suicide?

Yes, why not?

And why do not you know that it is the government interventionism which almost banned the traditional seeds and forced GM seeds on farmers causing the havoc?
How Government kills Poor Farmers

Government is the disease masquerading as the cure of itself!

]]> By: Dsylex http://indianeconomy.org/2006/08/07/olpc-rest-in-peace-part-2/comment-page-1/#comment-269524 Dsylex Mon, 12 Jan 2009 14:58:46 +0000 http://indianeconomy.org/2006/08/07/olpc-rest-in-peace-part-2/#comment-269524 "Can Austrian economics explain why Indian farmers are committing suicide? " uh -yes. “Can Austrian economics explain why Indian farmers are committing suicide?
”
uh -yes.

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]]> By: GeneralPublic http://indianeconomy.org/2006/08/07/olpc-rest-in-peace-part-2/comment-page-1/#comment-9101 GeneralPublic Mon, 28 Aug 2006 01:45:40 +0000 http://indianeconomy.org/2006/08/07/olpc-rest-in-peace-part-2/#comment-9101 It is energy that drives economy / ecosystem. Human innovations originate from availability of energy - agriculture, animal power, slave labour power, fossil fuel power. Innovation stops when energy availability becomes unsustainable, that is why rise and fall of civilizations happen, not because innovation stops. If you want to call slavery an innovation it was! If you want to call paper economics an innovation, it is! All token based transaction systems should have a redemption obligation by issuer of tokens isn't it? Why do you think US forces are in Iraq? Is oil the redemption mechanism for dollar? What is the redemption mechanism for Indian Rupee? Why do you think Indian farmers are committing suicide? Can Austrian economics explain why Indian farmers are committing suicide? http://www.paecon.net/ Can Amartya Sen explain why Indian farmers are committing suicide? It is energy that drives economy / ecosystem. Human innovations originate from availability of energy – agriculture, animal power, slave labour power, fossil fuel power. Innovation stops when energy availability becomes unsustainable, that is why rise and fall of civilizations happen, not because innovation stops.

If you want to call slavery an innovation it was! If you want to call paper economics an innovation, it is!

All token based transaction systems should have a redemption obligation by issuer of tokens isn’t it? Why do you think US forces are in Iraq? Is oil the redemption mechanism for dollar?

What is the redemption mechanism for Indian Rupee? Why do you think Indian farmers are committing suicide?

Can Austrian economics explain why Indian farmers are committing suicide?
http://www.paecon.net/

Can Amartya Sen explain why Indian farmers are committing suicide?

]]> By: Girish Mallapragada http://indianeconomy.org/2006/08/07/olpc-rest-in-peace-part-2/comment-page-1/#comment-8753 Girish Mallapragada Fri, 25 Aug 2006 03:35:13 +0000 http://indianeconomy.org/2006/08/07/olpc-rest-in-peace-part-2/#comment-8753 GeneralPublic, you seriously have to reconsider your thoughts on jewish dominance, paper economics and zer sum games. The austrian school of economics has long ago argued that innovation is what really drives the economy. Innovation has brought about all the revolutions that we have seen so far !!! The digital or the information revolution has created a global services economy so powerful that it is sweeping past age old beliefs about what products and services really are!! Looks like you have lost a ton of money by wrongly betting on stocks ;) and therefore stick to your zero-sum logic. Amartya Sen has written a wonderful book "Development as Freedom" and I suggest it as a good read! GeneralPublic, you seriously have to reconsider your thoughts on jewish dominance, paper economics and zer sum games. The austrian school of economics has long ago argued that innovation is what really drives the economy. Innovation has brought about all the revolutions that we have seen so far !!! The digital or the information revolution has created a global services economy so powerful that it is sweeping past age old beliefs about what products and services really are!!

Looks like you have lost a ton of money by wrongly betting on stocks ;) and therefore stick to your zero-sum logic.

Amartya Sen has written a wonderful book “Development as Freedom” and I suggest it as a good read!

]]> By: GeneralPublic http://indianeconomy.org/2006/08/07/olpc-rest-in-peace-part-2/comment-page-1/#comment-7506 GeneralPublic Sat, 12 Aug 2006 03:34:43 +0000 http://indianeconomy.org/2006/08/07/olpc-rest-in-peace-part-2/#comment-7506 "So I can potentialy control global economy by issuing bills of paper with a picture of my ass on it, I can keep printing and aggregate wealth?" Your picture may not work, so does picture of Fed Chairman or RBI Chairman. When a living person picture is printed on currency that person will be responsible for redemption of currency against "products & services". That is why dead people pictures are printed on currency. See proof.... http://dynamic.cnn.com/apps/tp/video/tech/2006/08/01/wian.living.in.a.box.affl/video.ws.asx “So I can potentialy control global economy by issuing bills of paper with a picture of my ass on it, I can keep printing and aggregate wealth?”

Your picture may not work, so does picture of Fed Chairman or RBI Chairman. When a living person picture is printed on currency that person will be responsible for redemption of currency against “products & services”. That is why dead people pictures are printed on currency.

See proof….

http://dynamic.cnn.com/apps/tp/video/tech/2006/08/01/wian.living.in.a.box.affl/video.ws.asx

]]> By: Guru Gulab Khatri http://indianeconomy.org/2006/08/07/olpc-rest-in-peace-part-2/comment-page-1/#comment-7455 Guru Gulab Khatri Fri, 11 Aug 2006 18:30:16 +0000 http://indianeconomy.org/2006/08/07/olpc-rest-in-peace-part-2/#comment-7455 "If both these facilities are available to any entity that entity can easily “aggregate wealth” and control global economy, that is what is happening today. Economists are acting like they don’t understand what’s happening…" HAHAHA So I can potentialy control global economy by issuing bills of paper with a picture of my ass on it, I can keep printing and aggregate wealth? Wow brilliant. Forget creating a product that the market wants. Its all about printing that paper in any quantity i want and still be able to things in return for it. Wah GP Wah (GP =gand phutey) “If both these facilities are available to any entity that entity can easily “aggregate wealth” and control global economy, that is what is happening today. Economists are acting like they don’t understand what’s happening…”
HAHAHA
So I can potentialy control global economy by issuing bills of paper with a picture of my ass on it, I can keep printing and aggregate wealth?
Wow brilliant.
Forget creating a product that the market wants.
Its all about printing that paper in any quantity i want and still be able to things in return for it.
Wah GP Wah (GP =gand phutey)

]]> By: GeneralPublic http://indianeconomy.org/2006/08/07/olpc-rest-in-peace-part-2/comment-page-1/#comment-7376 GeneralPublic Fri, 11 Aug 2006 04:15:13 +0000 http://indianeconomy.org/2006/08/07/olpc-rest-in-peace-part-2/#comment-7376 "paper economics" means the economic system that allows printing and using currency without any redemption obligation in terms of "goods and services" and fractional reserve banking system that allows banks to loan out more currency than they have in deposits. If both these facilities are available to any entity that entity can easily "aggregate wealth" and control global economy, that is what is happening today. Economists are acting like they don't understand what's happening...... “paper economics” means the economic system that allows printing and using currency without any redemption obligation in terms of “goods and services” and fractional reserve banking system that allows banks to loan out more currency than they have in deposits.

If both these facilities are available to any entity that entity can easily “aggregate wealth” and control global economy, that is what is happening today. Economists are acting like they don’t understand what’s happening……

]]> By: Atanu Dey http://indianeconomy.org/2006/08/07/olpc-rest-in-peace-part-2/comment-page-1/#comment-7361 Atanu Dey Fri, 11 Aug 2006 02:11:49 +0000 http://indianeconomy.org/2006/08/07/olpc-rest-in-peace-part-2/#comment-7361 GeenralPublic wrote: "... Key people in communist movement were all jews, check out nobel laureate list in economics past 30 years you will find 90% jews..." Dear Lord in Heaven! The general public's grasp on logic is very feeble. Our education system seriously sucks. A. Some key people are jews. B. Some jews are noble prize winning economists. C. Therefore ?? GeenralPublic's non sequitur follows: "So communism and capitalism are just two sides of the propaganda machine which made jews the richest community in the world today, wake up and look beyond jewish “paper economics” propaganda!" Attention IndianEconomy Editor: Cleanup in aisle 4. GeenralPublic wrote: “… Key people in communist movement were all jews, check out nobel laureate list in economics past 30 years you will find 90% jews…”

Dear Lord in Heaven! The general public’s grasp on logic is very feeble. Our education system seriously sucks.

A. Some key people are jews.
B. Some jews are noble prize winning economists.
C. Therefore ??

GeenralPublic’s non sequitur follows: “So communism and capitalism are just two sides of the propaganda machine which made jews the richest community in the world today, wake up and look beyond jewish “paper economics” propaganda!”

Attention IndianEconomy Editor: Cleanup in aisle 4.

]]> By: GeenralPublic http://indianeconomy.org/2006/08/07/olpc-rest-in-peace-part-2/comment-page-1/#comment-7196 GeenralPublic Wed, 09 Aug 2006 16:21:33 +0000 http://indianeconomy.org/2006/08/07/olpc-rest-in-peace-part-2/#comment-7196 "It is a stupid commie ideology to claim that someone has to lose for someone else to make a profit." Key people in communist movement were all jews, check out nobel laureate list in economics past 30 years you will find 90% jews. So communism and capitalism are just two sides of the propaganda machine which made jews the richest community in the world today, wake up and look beyond jewish "paper economics" propaganda! Credit and debit should balance in basic accountancy! Isn't it zero sum? When credit and debit does not balance is what we call profit...... People who write “Shubh Labh” in places of worship also practice hereditary caste system! Labh for self and Nasht for others. It is not that one should not make profit, without profit there is no motivation, but when profit taking exceeds a certain limit (too much aggregation of wealth) there is a social imbalance, that will eventually lead to social strife and equilibrium is established again, history repeats itself. “It is a stupid commie ideology to claim that someone has to lose for someone else to make a profit.”

Key people in communist movement were all jews, check out nobel laureate list in economics past 30 years you will find 90% jews. So communism and capitalism are just two sides of the propaganda machine which made jews the richest community in the world today, wake up and look beyond jewish “paper economics” propaganda!

Credit and debit should balance in basic accountancy! Isn’t it zero sum?

When credit and debit does not balance is what we call profit…… People who write “Shubh Labh” in places of worship also practice hereditary caste system! Labh for self and Nasht for others.

It is not that one should not make profit, without profit there is no motivation, but when profit taking exceeds a certain limit (too much aggregation of wealth) there is a social imbalance, that will eventually lead to social strife and equilibrium is established again, history repeats itself.

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