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Stephen of the Japan Times Online published an interview with Lest Brown of the Gloom, doom — and Lester Brown’s ‘Plan B (hat tip nakedcapitalism). In it he quotes Brown: How can we assume that the growth of an economic system that is shrinking the Earth’s forests, eroding its soils, depleting its aquifers, collapsing its fisheries, elevating its temperature and melting its ice . . . → Read More: Gloom, doom — and Lester Brown’s ‘Plan B’ 
One of the kernels of Buddhist psychology is, in my limited understanding the idea of the cittas. The mind produces thoughts like bubbles on a stream. They arise, persist for a while and pass away. But the mental productions are more than just the thoughts that we identify as ego thoughts in Western psychology and metaphysics. They are also the physical, the world, matter, the universe. The whole of the arising and passing away of these mind things, citta, are what is called samsara, the stream of birth and death. . . . → Read More: The mind, citta and cetasikas Mike Konczal has a good synopsis of a new paper by JW Mason and Arjun Jayadev that suggests: [T]he conservative theory explaining increased household borrowing in terms of shorter time horizons and a general lack of self-control, and the liberal theory explaining it in terms of efforts by those further down the income ladder to maintain consumption standards in the face of a . . . → Read More: Debt did not spiral upwards due to poor household decisions
In part it may be because they are being forced to pay outrageous sums to the banks: www.seiu.org/images/pdfs/Interest Rate Swap Report 03 22 2010.pdf. |
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