By Joshua Mawhorter
Capitalist wealth plus economic ignorance, underappreciation, and romanticism create a recipe for an infantile culture.
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42 sats \ 3 replies \ @SimpleStacker 23h
I think I should do the "I, Pencil" thing in my classroom.
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30 sats \ 2 replies \ @Undisciplined OP 23h
I used to let my class pick an object and then we'd brainstorm out the immense network of inputs. I thought it was a fun and useful exercise.
That might be tough with your fairly large classes. Maybe it would make a decent group activity, though.
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42 sats \ 1 reply \ @SimpleStacker 23h
I've focused heavily on the technical side, acting more like a physics professor, because that's the kind of method that spoke to me more. But I think I should embrace the soft humanities of economics more haha. It'll be more fun for the students and probably more useful for 90% of them
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30 sats \ 0 replies \ @Undisciplined OP 23h
Yeah, I've come way around to the softer side for most aspects of econ, despite the technical side having been easier for me to get.
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0 sats \ 0 replies \ @Solomonsatoshi 21h
China has won the trade war.
USA does not have the rare earths to maintain its military industrial combine.
China has USA over a barrel because the Chinese planned their economy with regard to capturing strategic supply chains.
It is not economic for private capital to invest in rare earths refining- it was only because the Chinese government directed capital investment into this strategic supply chain that China now holds US military industrial combine and its global hegemony over a barrel.
The arrogance and ignorance of US Exceptionalism is the pride that comes before the fall of a once great empire.
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