Archive for November, 2006

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Wealth – now and then

The Sheffield University set up a site that features those statistically blurred maps of the world. On the two pictures below you can see world GDP, adjust to PPP in 1500 and 2002.

Worldmapper: The world as you’ve never seen it before

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Peak oil theory is wrong

Too sad. There are some 3.74 trillion barrels of oil left. Enough to fuel the world for another 122 years. So the market and dininishing supply won’t take care of our greenhouse problem, so political action in order to reduce carbon dioxide emissions are more urgent than ever before.

“Cambridge Energy Research Associates said in a report that the world has some 3.74 trillion barrels of oil left — enough to last 122 years at current consumption rates and triple the amount estimated by ‘peak oil’ theorists…

Mises Economics Blog: Surprise, Surprise, Surprise: The Great “Peak Oil” Theory Is Just Not All That It Is Cracked Up To Be

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Machiavelli personality test

Ever wanted to know how Machiavellian you are? Take the test!!

Are you a cutthroat or a pussycat? Find out, if you dare.

The Machiavelli personality test has a range of 0-100

Your Machiavelli score is: 79
You are a high Mach, you endorse Machiavelli’s opinions.

I’m not sure if this is good or bad, but I guess, you have to be Machiavellian to some degree to get ahead. Don’t be a sissy!

Machiavelli personality test

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Agricultural Subsidies lead to Mass Starvation in Africa

Today there was a moving interview with Jean Ziegler in the Austrian newspaper “DerStandard”. Unfortunately you can’t read it online. I’ll summarize it. Most things shouldn’t be new. But it’s good to know some numbers.

  • In 1973 88m people suffered from permanent malnutrition, in 2003 there were 201m.
  • Last year the OECD-countries paid $US 349bn in farming subsidies.
  • On a market in Africa a European tomatoe is a third to half cheaper than a domestic one.
  • The developing countries’ debts accounted to $US 2100bn as per Dec 31 2005.

So something must be wrong here. Neither me, as a European, nor most urban Americans want to see their tax money spent on supporting an outdated industry. The raw materials we need for our food industry could easily be produced on an industrial scale, as it already happens. There is no need for subsidies. In fact I would go as far as stating, that there is no need to have a big agricultural industry in the developed nations. Why not import from South America and Africa?

Gradually abolish farming subsidies now. The sooner the better.