Earlier quoted context omitted.
"Economics never stopped a war in progress" - Helmuth VonMoltke
Isn’t it economics that stopped WW1 though?
'Financial Times' Issues 103-Year-Old Correction (2017)
51–60 of 123 posts
Re: 'Financial Times' Issues 103-Year-Old Correction (2017)
#52Re: 'Financial Times' Issues 103-Year-Old Correction (2017)
#53I could not help noticing the hypocrisy of him. Also when I read the end of the paragraph I chuckled recalling his famous "In the long run we are all dead"
Re: 'Financial Times' Issues 103-Year-Old Correction (2017)
#54Trust that the invisible hand is keeping itself busy funneling dark money.
Re: 'Financial Times' Issues 103-Year-Old Correction (2017)
#55See also The Lancet 's updating of their original 1858 obituary of John Snow: > Dr John Snow: This well-known physician died at noon, on the 16th instant, at his house in Sackville Street, from an attack of apoplexy. His researches on chloroform and other anaesthetics were appreciated by the profession. versus the 2013 one: > The journal accepts that some readers may wrongly have inferred that The Lancet failed to re…
I am confused. What is the Lancet blaming its readers for? Why was this inference wrong?
Re: 'Financial Times' Issues 103-Year-Old Correction (2017)
#56See also The Lancet 's updating of their original 1858 obituary of John Snow: > Dr John Snow: This well-known physician died at noon, on the 16th instant, at his house in Sackville Street, from an attack of apoplexy. His researches on chloroform and other anaesthetics were appreciated by the profession. versus the 2013 one: > The journal accepts that some readers may wrongly have inferred that The Lancet failed to re…
Interesting to contrast this with the modern version, on Wikipedia:
- "Snow suffered a stroke while working in his London office on 10 June 1858. He was 45 years old at the time.[38] [...] It has been speculated that his premature death may have been related to his frequent exposure and experimentation with anesthetic gases, which is now known to have numerous adverse health effects. Snow administered and experimented with ether, chloroform, ethyl nitrate, carbon disulfide, benzene, bromoform, ethyl bromide and dichloroethane during his lifetime.[40]"
Re: 'Financial Times' Issues 103-Year-Old Correction (2017)
#57Earlier quoted context omitted.
Ya know it sounds funny but it seems to me that it is a fundamental principle they the larger a body of humans under consideration is, the slower everything will move. For example a small startup with 15 developers often is able to add features and move faster to capture a market than a massive lumbering blue behemoth. Thus if we were to reframe our understanding of timelines considering organization size. Less than…
It's not all that funny, considering that the reason they were paying those reparations was the 'damages' inflicted upon French slaveowners by slaves freeing themselves.
Re: 'Financial Times' Issues 103-Year-Old Correction (2017)
#58Another aspect of the british war debt, is that it was carried for hundreds of years. Rolling the specific consols into a unified public debt and then eradicating it wiped out the history of people sitting on long-tail bond payments from wreakage of the South Sea Bubble onwards. Basically, until they rolled them up you could have a stable (if low rate of return) income denominated in Napoleonic war debt, if you wante…
In other tangentially related long term British loan debt news: It was only in 2015 that, according to the Treasury, British taxpayers finished ‘paying off’ the debt which the British government incurred in order to compensate British slave owners in 1835 because of the abolition of slavery. Abolition meant their profiteering from human misery would (gradually) come to an end. Not a penny was paid to those who were e…
(Also, would be a bit odd for the British government to pay people who were not enslaved by it, but instead by private individuals)
Re: 'Financial Times' Issues 103-Year-Old Correction (2017)
#59Earlier quoted context omitted.
In other tangentially related long term British loan debt news: It was only in 2015 that, according to the Treasury, British taxpayers finished ‘paying off’ the debt which the British government incurred in order to compensate British slave owners in 1835 because of the abolition of slavery. Abolition meant their profiteering from human misery would (gradually) come to an end. Not a penny was paid to those who were e…
Still worth it to get it passed through parliament. (Also, would be a bit odd for the British government to pay people who were not enslaved by it, but instead by private individuals)
Re: 'Financial Times' Issues 103-Year-Old Correction (2017)
#60Another aspect of the british war debt, is that it was carried for hundreds of years. Rolling the specific consols into a unified public debt and then eradicating it wiped out the history of people sitting on long-tail bond payments from wreakage of the South Sea Bubble onwards. Basically, until they rolled them up you could have a stable (if low rate of return) income denominated in Napoleonic war debt, if you wante…
Somehow this reminds me of the people trying to get money for 100+ year old Tsarist Russian bonds https://www.rbth.com/lifestyle/327261-french-still-waiting-f...