I hope no one in @OxfamGB’s #taxhaven clip were fresh from a #TPPANoWay march?

I hope none in this clip protesting against tax havens as short changing everybody else were fresh from protesting how international economic agreements such as the TPPA infringe on the sovereignty of countries.

If you standing up for national sovereignty that includes standing up for the right of other countries doing things that you do not like within their own country.

If countries have the right to set taxes and tariffs as high as they like, they have just the same right to set them as low as they like.

All that plucky rhetoric of TPPA no way and how international economic agreements violate the sovereignty of countries and developing countries in particular is forgotten in a flash by Oxfam.

Oxfam manages the blinding hypocrisy of opposing the Transpacific Partnership on national sovereignty grounds and at the same time call for international treaties to bully small countries about their tax policies, which overrides their economic sovereignty.

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The sovereign rights of developing countries to find their own way does not extend to undermining the tax bases of the rich countries struggling to finance their welfare states.

The Pacific Islands, the once were heroes of the recent Paris climate talks, turn into pariahs once they start looking out for themselves and setting up offshore financial centres and tax havens.

Developing countries are free to impoverish themselves by embracing socialism, but if they decide to attract investment and jobs through low tax rates and offshore financial centres, a new form of colonialism is embraced by the reactionary left as embodied by Oxfam.

Is the Cost of Living Really Rising?

In 1900, 25% died before age 20.

Creative destruction in video chains

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Household penetration of major electrical appliances, 1963, USA, Western Europe and Down Under

Michael Reddell stumbled across a fascinating 1965 research paper in an old bookshop. In addition to re-blogging his post, I charted the data he found on household penetration of major electrical appliances in the good old days of the regressive left when everyone was equal, in a union and happy.

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Source: New Zealand Institute of Economic Research (1965), Electric Household Durable Goods: Economic Aspects of their Manufacture in New Zealand via Twenty companies manufacturing TVs | croaking cassandra.

In the early 1960s, there were really big differences not only the number of TV sets, but much more basic appliances we take for granted such as refrigerators and washing machine.

The three indicators  in the chart above suggest that life was much better in the USA, Australia and New Zealand than in Western Europe. Television aside, New Zealand seemed to be better off than Australia.

Watch the video by Hans Rosling about what happened when a washing machine first came to his parent’s house. Truly insightful about how living standards are so much better than those of our parents and grandparents.

Imperial Europe’s Penal Colonies

The last convicts were transported in 1953.

<p>Source: <a href="http://www.historytoday.com/dean-nicholas/map-imperial-europes-penal-colonies">Map: Imperial Europe's Penal Colonies | History Today</a>.

Common response to new technology: "Commercial Use In Doubt"

https://twitter.com/stevesi/status/721199033528623104

John Sculley on the ‘myth’ of home computer market “it doesn’t exist”

Pierre Desrochers explains why the ‘buy local’ food movement overstates environmental benefits

7 May 1945, 02:41 Central European Time, Germany signed the Allied "Unconditional Surrender"

@BernieSanders’ good old days before the great wage stagnation

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Louis CK Everything Is Amazing And Nobody Is Happy

The top 1% gave Canadian women a pass on real wage stagnation too

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Source: Terence Corcoran: Liberal Budget; Donald Trump Demagoguery | Financial Post.

The German Colonial Empire, 1914

https://twitter.com/historyfacts247/status/723406066344583168

Murray Rothbard on the instability of cartels

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