Folks, a friend of mine sent this video to get my opinion and comments, and I have to admit that I was very hesitant to show it on these pages! Why? Because ………., in spite of the fact that it’s all bullshit, it was done very professionally, slick and convincingly! So convincing that a good […]
Yesterday, at a University of Reading demonstration in London, a computer convinced human judges that it was actually a 13-year-old Ukrainian boy. By convincing one-third of the judging panel of its humanity, it became the computer ever to pass the famous Turing Test. ` The Turing Test is a controversial test invented by Alan Turing […]
IMF head Christine Lagarde and Bank of England Governor Mark Carney both spoke last week in London on the subject of “inclusive capitalism” at a highly exclusive conference organized by Lady Lynn Forester de Rothschild …
… [both] made very literate and interesting speeches arguing that rising inequality … fundamentally threatens capitalism …
Strangely, in view of their concern about inequality, neither … offered to do their bit by taking a pay cut. … Carney … total compensation …reported to be in the neighbourhood of £1 million per annum. … If people at the top end making too much money is the dangerous social problem they both think it is, why don’t they help out by taking a pay cut?
… Canadian rock star Governor of the Bank of England Mark Carney … was hypocritically flailing away at a straw man. [He] wittered on last week about how fundamentalist capitalism was increasing inequality and hurting the poor … It is pretty much a rule that anybody who attaches a qualifier to the word “capitalism” is seeking to undermine it.
Carney may be among the most overrated men in recent history. It’s not that he lacks raw intelligence. It’s that the feats attributed to him … are within the capacity of no man.
An explanation for this dangerous state of mind is contained in a must-read paper by an academic named Slavisa Tasic: “Are Regulators Rational?” Mr. Tasic concludes that they suffer from “illusions of competence” and are entirely blind to the power and subtlety of markets.
Folks, your long suffering reporter lives in London, Ontario, and every once in a while we get traffic jams and gridlock that can last for minutes at a time! My thinking is that even if there is a whole herd of cars on the road………………..,, AT LEAST IT’S NOT AS BAD AS TORONTO! BUT! Loh […]
Ezra Levant discusses the demonization of capitalism with Peter Foster on the occasion of the publication of Peter’s new book “Why We Bite the Invisible Hand: The Psychology of Anti-Capitalism”:It was great to see Peter on Ezra’s show. We should…
Peter Foster’s new book “Why We Bite the Invisible Hand: The Psychology of Anti-Capitalism” has been excerpted in the National Post: