Modern Econometrics: A Mixture of Metaphysics and Bluff

Modern econometrics — a mixture of metaphysics and bluff

November 16, 2014

from Lars Syll

[Haavelmo’s] effort to create foundations for the probability approach in econometrics finally results in an inconsistent set of claims in its defence. First, there are vast amounts of experience which warrant a frequency interpretation. This is supported by repetitive discussions of experimental design, but the inability to experiment inspires an epistemological interpretation.keuzenkamp1 Then Haavelmo mentions the futility of bothering with these issues because the probability approach is most of all a useful tool. This would be an instrumentalistic justification for its use if Haavelmo gave supportive evidence for his claim. There is not one example which attempts to do so. […]
Continue reading →

Posted in Academic Left, despotic academia, EPISTEMOLOGY AND SCIENTIFIC METHOD, ideological classrooms, Neoclassical and Neo-liberal Economics, Real World Economics | Leave a comment

The War in Western Kurdistan and Northern Syria: The Role of the US and Turkey in the Battle of Kobani (I and II)

The War in Western Kurdistan and Northern Syria: The Role of the US and Turkey in the Battle of Kobani

Post Categories: Afghanistan
Mahdi Darius Nazemroaya | Wednesday, November 12, 2014, 13:34 Beijing

A war is being fought for control over Western Kurdistan and the northern areas of Syria, including three de facto Kurdish enclaves there. The fighting in Western Kurdistan is a means to an end and not a goal in itself. The objectives of gaining control over Syrian Kurdistan and northern Syria are critical to gaining control over the rest of the Syrian Arab Republic and entail US-supported regime change in Damascus.

Western Kurdistan is alternatively called Rojava in Kurmanji, the dialect of the Kurdish language that is used locally there and spoken by the majority of the Kurds living in Turkey. The word Rojava comes from the Kurdish root word roj, which means both sun and day, and literally means «sunset» («the sun’s end») or the «end of the day» («the day’s end») in Kurmanji and not the word «west».

The confusion over its meaning arises for two main reasons. The first is that in the Sorani or Central dialect of the Kurdish language the word roj is only used to refer to the day. The second is that Rojava connotes or suggests the direction of the west, where the sun is seen to set when the day ends.
Continue reading →

Posted in 4th Media, FALSE FLAG OPS, Full SPECTRA Dominance, IMPERIAL HUBRIS AND HYPOCRISY, Imperial Impotence, International Law and Nuremberg Precedents, MSM MANIPULATION, non-Official Government Leaking for PR, nuremberg precedents, REAL HISTORY UNCOVERED, rise and fall of empires, Strategic Culture Foundation, TERRORISM | Leave a comment

Dysfunctional America: In US the Government Can Be Bought and Sold Just Like Everything Else

Dysfunctional America: In US the Government Can Be Bought and Sold Just Like Everything Else

Post Categories: Canada
Paul Craig Roberts | Monday, November 3, 2014, 13:06 Beijing

If you require more evidence that the United States is a dysfunctional society, observe American elections. Election season is slander season. Each party’s attack teams focus on misrepresenting, defaming, and ridiculing the opposing party’s candidates.

Attack ads have replaced debates and any discussion of what the issues are, or should be, and how candidates perceive the public’s interest. Each attack team tells lies designed to enrage various voters about the other team’s candidate.

Whoever is elected is indebted not to voters but to the special interests that provided the campaign money. Once elected the official serves the private interest groups that put the official in office.

In America the government can be bought and sold just like everything else.

In its Citizens United ruling, a Republican Supreme Court put its stamp of approval on the right of corporations to purchase the US government.

Each state has its own dominant interest groups that win every election. In Florida real estate developers routinely defeat the environment and local communities. Developers have even been known to form organizations that pose as conservation supporters in order to misrepresent and defeat conservation measures.
Continue reading →

Posted in 4th Media, CONSERVATIVE CHRISTIANS AGAINST IMPERIALISM | Leave a comment