A nice article on the defunct reasoning behind most mainstream economists thinking.
David Boyle – Introducing defunct economics to the tipping point… | the new economics foundation.
Can organic farming feed the world? Soil Association
Some reports from the Soil Association, concerning how we will be able to feed the population and food security.
Monsanto guilty of chemical poisoning in France | Reuters
Monsata, one of the leading Agrochemical companies pushing the EU, to allow GM foods to be grown in the EU, uses pesticides, fungicides and herbicides to protect it’s GM crops. These chemicals are very powerful and are having an adverse affect of humans, flora, and fauna. They now want to use geo-engineering technology to sow the skies with their chemicals. It is time these companies were closed down.
biokerosene-take-off-in-the-wrong-direction (application/pdf Object)
A recent report from the Dutch and Indonesian FOE, highlights how the poor in Indonesia are being adversely affected by affluent Western life-styles. It is time, people in the West must realise, they must change their life-styles to more sustainable ones. Stop flying and using their motor vehicles less or even better not at all, will go a long way to reduce the adverse impacts of the rich on the poor.
biokerosene-take-off-in-the-wrong-direction (application/pdf Object).
The truth about US employment rates
An article on the real employment figures for the US from The Share Centre, Bears and Bulls column. The US is the real problem, economically, though the US has kept people focused on Europe’s problems. The US, like the UK has continued printing more debt (Quantitative Easing), which is only delaying the inevitable crash.
The myth behind US job figure
Friday 3 February, or Golden Friday as it was described here, saw the best collection of economic data released in a very long time, but perhaps the pick of the tops was the US job figures. Employment rose 243,000 in just one month, and the US unemployment rate fell to 8.3 per cent – the lowest level in three years.
But drill into the data, and suddenly the story does not look so good. In fact, it is tempting to say we were sold a lie.
Bear: The figures really are quite simple. In 2011, the civilian population of the US rose by 3,565,000, and yet the labour force only rose by 1,145,000.
In other words, last year 2,420,000 people dropped out of the US labour market.
According to Mike ‘Mish’ Shedloc and his MISH’S Global Economic Trend Analysis web site, when you take into account: US civilians who want a job, but have given up looking; people who dropped out of the unemployment list because their unemployment benefits ran out; those doing part-time work, but want permanent work, then the true US unemployment rate is 15.1 per cent.
And the US, just like the UK, is seeing real wages fall. Last year, US average hourly earnings rose by 1.9 per cent, but during the same period US inflation was 3.0 per cent.
Actually Mish is not alone in expressing fears about the misleading nature of US job data. He is joined in his lament by a certain B Bernanke.
Yesterday, the Chairman of the Fed told the US Senate that: “It is very important to look not just at the unemployment rate, which reflects only people who are actively seeking work.” He added: “There are also a lot of people who are either out of the labour force because they don’t think they can find work, or they are in part-time jobs.”
patricktsudlow 