Global integration of trade

National Geographic is running a wonderful website on Globalization, the international exchange of goods, services, cultures, ideas, has brought increased wealth for many and transformed forever the way humans interact. But while its roots may be in commerce, globalization‘s effects can be very personal.

Advances in communication and transportation have created a rich, unprecedented mixing of cultures throughout the world. But there is a drawback. As international travel, economic migration, and the global spread of music, films, and literature bring more people than ever into intimate contact, human diversity is vanishing.

A shared language is perhaps the most profound expression of group identity and a critical tool for passing cultural knowledge from one generation to the next. But globalization is about integration. Whether by choice, by circumstance, or under duress, thousands of cultural and linguistic traditions are disappearing as their new generations adopt dominant national and global languages.

Workers, from wealthy consultants to unskilled laborers, are also on the move as never before. Some migrants are encouraged by host countries or regional agreements; others avoid official avenues and often live a shadowy, parallel existence once they arrive. Immigration is high, but it is economic migrants—seeking work more than a new homeland—who define our age.

Read more from them here: EarthPulse by National Geographic

Because College Education is not the only way to Success

The Thiel Fellowship is unlike anything you’ve ever experienced. The Fellowship brings together some of the world’s most creative and motivated young people, and helps them bring their most ambitious ideas and projects to life. Thiel Fellows are given a no-strings-attached grant of $100,000 to skip college and focus on their work, their research, and their self-education. They are mentored by our network of visionary thinkers, investors, scientists, and entrepreneurs, who provide guidance and business connections that can’t be replicated in any classroom. Rather than just studying, you’re doing.

“Every tech story is different. Every moment in history happens only once. All successful companies are successful in their own unique way. It’s your task to figure out what that future history will be.” – Peter Thiel

 

Fellowship: Two Years. $100,000. Some Ideas Just Can’t Wait.

2012 Applications are open: See the application.

From One Prohibition to Another (1933-2011)

On December 05, 1933 the Prohibition on the production and commercialization of Alcohol was finally over in the United States when Utah became the 36th U.S. state to ratify the Twenty-first Amendment to the United States Constitution. Thus establishing the required 75% of states needed to enact the amendment (this overturned the 18th Amendment which had made the manufacturing, transportation, import, export, sale, and consumption of alcohol and alcoholic beverages illegal in the United States).

Since then, the alcohol industry (widely hated and considered evil before 1933) started developing into one of the most successful industries of the modern world.  The access to competition ignited an immense diversification of marketing, production and commercialization strategies that improved the quality, safety, additives and capabilities of the previous distilled liquors.

By 2010 The world’s five biggest alcohol companies by market cap had their hubs in Beligum Anheuser-Busch Inbev (BUD), Brazil (Companhia de Bebidas das Américas (AMBEV) (ABV); United Kingdom (Diageo plc (DEO), The Netherlands (Heineken (HINKY.PK) and France (Pernod-Ricard (PDRDF.PK).  And the industry gives provides with jobs to millions of workers around the globe.

Today, in 2011 we face a different but at the same time similar Prohibition of a product.  I refer to the research, production, industrialization and commercialization of controlled drugs (marihuana, cocaine, etc.) that has been condemned by world government with the same irrational argument once used with alcohol.

Because of this Prohibition on Drugs; the world is facing a Trillionaire war leaded by the United States politicians who profit from it. More so, millions of jobs are lost every day and in the countries in which it is produced and stored before reaching the final markets the chaos reigns (for just one story of how this chaos come into being check: The Drug War in Guatemala: A Conversation with Giancarlo Ibarguen).

Let us learn from history and save our children and future generations from committing the same mistakes.

From Obama’s “The More Americans Succeed, The More America Succeeds” to the Truth

Today I was impressed to watch Obama’s Weekly Address of December 03, 2011 in which he literally called for Americans to unite against the Republicans.  He said that Republicans were not only opposing the American Jobs Act but that they were actually opposing to the reduction of taxes for middle class families by about $1,000.00. He was giving the speech of “we’ve got to cut taxes” and more so, that he had established a supposed computerized calculator to tell Americans how much money they were going to lose from their pockets if they don’t Stop Republicans. Here is the video,

Now, President Obama was lying once again and the reason lies behind the fact that he is calling for $1.5 trillion in new tax revenue. As professor Lew Rockwell from the Ludwig von Mises Institute noted,  the proposed cuts are not real cuts, but cuts in the rate of increase, says Rockwell. He pointed out that the tax hikes are aimed at young entrepreneurs and business people starting out, as the oligarchs don’t like new people moving up in society.

“Taxes are wealth destruction. So anybody that proposes more taxes seeks to make us poorer as a group. However, the elites will make a lot more money out of this.”

More so, Rockwell believes that Obama, funded by the biggest banks, wants to help the ruling class and stick it to the productive class. He argues that the elite bankers, military industrial complex, and big pharma are getting far too rich and must be cut back. Rockwell predicts global inflation will result from the current depression.

Watch Rockwell’s complete explanation in this video,

Occupy the Mind with Economics

Video: Occupy Wall Street & Capitalism: A Professor’s Response

Karl Marx was an intellectual radical.  What that means is that he sought to get at the root cause of social ills with his analysis.  Despite my extreme disagreement with Marx on his diagnosis, I have always been attracted to intellectual radicalism.  Not the fashionable radical chic of rock stars, etc., but the nerdy radicalism of scholars and public intellectuals.  Not a radicalism evident where the cool-kids party while skipping school, but a radicalism born in the library and in reading dusty old books and studying long and hard to try and figure things out.  Think hard, read widely, think even harder, then attempt to write clearly — that is the intellectual radicalism that I find exciting.”

Continue reading via: Occupy the Mind with Economics