@ekierklo Profile picture

Edward Kierklo

@ekierklo

Currently on permanent sabbatical

Joined April 2010
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Pinned

@maggielake Watching @profplum99 and realizing we've have not had Keynesianism but a replacement since the 1970's. That long dead economist Milton Friedman and F. Hayek. Except the label has been inexact - Neoliberal, free markets, but ultimately, The Road To Serfdom.


I think this article gets a lot right though those policies began under Reagan they then intensified. "The tragedy is that Americans seem to have voted for mere disruption more than anything else." theguardian.com/business/2024/…


Far more feasible and realistic than California's blue sky high speed train fiasco. Will the state legislature learn anything? thecooldown.com/green-business…


Too good to pass up: South Korean man convicted for deliberately gaining weight to evade military service - The Press Democrat


A 'public servant' with a deluxe ranch did not raise suspicions earlier? It seems we need a think tank for accountancy. Where is the accreditation for honest accounting? cnn.com/2024/11/24/us/…


Supports idea for blocs and new economic alignments. The US just isn't that important to China anymore (exports to US = about 2% of GDP). I think China instead will continue to focus on the Global South, the source of its export growth during the past 5 years.

asiatimes.com/2024/11/how-ch… I analyze US dependence on Chinese industrial inputs and speculate about a possible Chinese response to US tariffs. A caveat: I don't believe China will retaliate against punitive tariffs. The US just isn't that important to China anymore (exports to US =…



I asked Alexa what the richest country in the 17th century was and she/it answered France. Surprisingly, when I asked about the 18th the answer was China & India - but not for long. Europe may reap what it long ago sowed.


All governance that benefits the few at the expense of everyone else engenders a downward spiral. True of the corruption of my hometown, despotic nations, and government at every level. nytimes.com/2024/11/23/us/…


Watched the movie ""The First Man" about Neil Armstrong. I marveled at what all those shirt-sleeved bespectacled engineers at NASA could accomplish. Now we consolidate great national effort into one person - Musk? businessinsider.com/doge-elon-musk…


Edward Kierklo Reposted

Reposted from Joseph Wang MIT physicist, on LinkedIn: “So one thing that fascinates me is information warfare, and the information warfare landscape is tremendously different now than it was before the US elections. One thing that has resulted from the election is that the…


Edward Kierklo Reposted

Yes...it will be WAY worse if the US does it. The global economy will collapse, as the USD rises, & foreigners short $13T in USD-denominated debt but long $22T in USD assets, including $8.5T in USTs, dump those to raise USDs, crashing US stocks & sending UST ylds up.


Native Americans are exceptionally good stewards of the land (and sea). Historic New Marine Sanctuary along CA’s Central Coast Shows the Power of Tribal-Led Conservation | Audubon California


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